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SteadyMed

United Therapeutics $216m deal for SteadyMed clears HRS Act waiting period

July 20, 2018 By Fink Densford

United Therapeutics

United Therapeutics (NSDQ:UTHR) said today that it stepped closer to completing its $216 million acquisition of SteadyMed (NSDQ:STDY) after terminating the the HSR Act waiting period. The merger combines two companies that were in court as recently as last November, fighting over patents covering treprostinil, the active ingredient in both companies’ lead products. In the deal, United Therapeutics will pay […]

Filed Under: Business/Financial News, Drug-Device Combinations, Featured, Mergers & Acquisitions, Pharmaceuticals, Vascular Tagged With: SteadyMed, United Therapeutics

United Therapeutics puts $216m on the table to buy rival SteadyMed

April 30, 2018 By Sarah Faulkner

United Therapeutics

United Therapeutics (NSDQ:UTHR) today signed a deal to acquire competitor SteadyMed (NSDQ:STDY) for $4.46 per share in cash at closing and $2.63 per share in cash if the combined company can win approval for SteadyMed’s Trevyent drug-device combination therapy. The merger, valued at $216 million, combines two companies that were in court as recently as last November, […]

Filed Under: Drug-Device Combinations, Featured, Mergers & Acquisitions, Pharmaceuticals, Vascular, Wall Street Beat Tagged With: SteadyMed, United Therapeutics

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