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Angiotech Pharmaceuticals

Latest Headlines

Latest Headlines

Canada's Angiotech files for bankruptcy protection

Canada's Angiotech will file for bankruptcy protection under Canada's Companies' Creditors Arrangement Act. The recapitalization move is expected to end with the elimination of Angiotech's $250

Angiotech enters distribution pact with B. Braun

Angiotech Pharmaceuticals, a specialty pharmaceutical and medical device company, has entered an exclusive five-year distribution agreement with B. Braun for its proprietary Quill SRS product line in

Angiotech faces tough choices as losses swell

After taking a writedown on goodwill, Angiotech Pharmaceuticals reported a fourth quarter loss that swelled to $77 million--up from $27.9 million from the year before. The Canadian biotech also

Angiotech cuts jobs, shutters facilities

Canada's Angiotech Pharmaceuticals is restructuring its operations as a badly needed investment of up to $300 million appears to be in doubt now. Ares Management and New Leaf Venture Partners had

SPOTLIGHT: Angiotech suspends trial

Angiotech suspends trialAngiotech is suspending clinical trials for its Vascular Wrap product candidate in patients undergoing surgery for hemodialysis access, pending a safety review to evaluate an

ALSO NOTED: Synovics raises cash, buys Kirk; Angiotech buys Quill Medical; and much more...

> Phoenix-based Synovics Pharmaceutical has raised $21.2 million in new financing and purchased the generic drug maker Kirk Pharmaceuticals for $12 million. Report > Angiotech Pharmaceuticals

Angiotech to acquire AMI in $785M buyout

Angiotech Pharmaceuticals will fork over $785 million in cash to acquire American Medical Instruments, which makes needles and surgery tools. For Angiotech, the deal will allow it to expand on its