Pharma Industry News

Apollo inks €3B equity deal for stake in Bayer’s contraceptives business

Bayer has addressed its need for a capital infusion under a deal to secure 3 billion euros ($3.4 billion) in equity from New York City asset manager Apollo, surrendering a minority, non-controlling stake in its newly established long-acting reversible contraceptives business.

Source: FiercePharma

About the author

David Miller

a pharmacist, a tech enthusiastic, who explored the Internet to gather all latest information pharma, biotech, healthcare and other related industries.

Leave a Comment

[mwai_chat window="true" fullscreen="true"]