Skip to main content
News

Merger news: Rockville’s Catalyst sells for $4.4 billion, Human Genome Sciences up for sale – baltimoresun.com

By April 22, 2012No Comments
human-genome-sciences
human-genome-sciences
Catalyst health solutions

Like a one-two punch, two major Maryland employers in the health care service and pharmaceutical industries were the targets last week of multibillion-dollar acquisition deals.

Both homegrown companies — Human Genome Sciences Inc. and Catalyst Health Solutions Inc. — are based in Rockville. Both were courted by out-of-state companies.

Human Genome ultimately rebuffed a $2.6 billion offer by biopharmaceutical giant GlaxoSmithKline, saying it was too low. But Catalyst agreed to be acquired by a larger Illinois competitor for $4.4 billion, and Human Genome has officially acknowledged it’s on the market.

{iframe}http://www.baltimoresun.com/business/bs-bz-human-genome-catalyst-20120420,0,4354204.story{/iframe}

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

BioHealth Innovation will use the information you provide on this form to be in touch with you and to provide updates and marketing.