Novartis has been holding talks about a potential acquisition of Parsippany, New Jersey-based Medicines Co., according to the people. The Swiss drugmaker is conducting due diligence on the company, one of the people said, asking not to be identified because the information is private.
Other potential acquirers have also expressed interest in a purchase of Medicines Co., and there’s no certainty an agreement will be reached, the people said. Shares of Medicines Co. have...
To read the full article log in. To learn more about a subscription click here.