Fresenius Kabi has taken a significant step to bolster its biosimilars business by striking a deal to take control of mAbxience. The transaction will see Fresenius Kabi acquire a majority 55% stake in the Insud Pharma biopharma unit, with a put/call option scheme for the remaining 45% retained by the current owners.
Expected to be financed by “cash flow and available liquidity,” the deal involves an initial €495m ($550m) upfront payment as...






