MedWatch

CSL eyeing acquisition candidate in Vifor Pharma

An Australian media has indicated that CSL is in talks to acquire Swiss Vifor Pharma, a competitor to Pharmacosmos, which is based in Denmark.

Photo: Vifor Pharma / PR

The Swiss specialty pharmaceuticals company, Vifor Pharma, is up 15.6 percent at CHF 120 (USD 130,4) following news that Australian CSL wants to take over the Swiss firm, writes Bloomberg News, citing Australian Financial Reviews.

CSL has tasked Bank of America with advising the purchase, including the possibility of raising capital of AUD 4bn (USD 2.8bn) from investors.

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