Bernstein Downgrades Shire (SHPG) to Market Perform

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Go back to Bernstein Downgrades Shire (SHPG) to Market Perform

Shire Plc (SHPG) Reports Acquisition of sanaplasma AG

September 6, 2018 5:52 AM EDT

Shire plc (NASDAQ: SHPG) announces the acquisition of sanaplasma AG, a source plasma collection company headquartered in Switzerland. The acquisition of sanaplasma AG is expected to increase Shires access to plasma in the longer term and add to its European plasma collection network, complementing existing core capabilities in plasma supply and manufacturing.

Plasma is essential to the manufacture of immunoglobulin therapies that help treat patients living with certain rare immunological diseases. Immunology is Shires largest franchise, with 18%... More