This transaction grants Collegium a second branded ADHD medication to complement its existing Jornay PM offering.
Psoriasis is a chronic autoimmune disorder in which skin cells multiply excessively, creating thick, itchy, scaly patches that affect more than 8 million Americans.
Novartis will direct the funds toward upgrading its manufacturing plant in Beijing and expanding its R&D campus in Shanghai, where it also houses its Chinese headquarters.
The transaction, which remains subject to customary regulatory approvals, marks the beginning of what both firms describe as Syntegon’s next major growth phase.
Construction crews have already broken ground on the expansion project, which Axplora expects to complete by February 2027.
The upgraded complex features modern operating theatres, an intensive care unit (ICU), a high-dependency unit (HDU), and dedicated teaching spaces that enhance both patient care and medical training.
The new production hub will be located in the Lin-gang Special Area of the Shanghai Free Trade Zone, where it will supply autologous CAR-T therapies to China and other Asian markets.
Al Jalila Children’s Hospital’s Pediatric Cardiology service currently performs approximately 200 pediatric cardiac surgeries annually.
TPI’s new East Coast plant will complement its existing facility in Everett, Washington, where the company is also expanding capacity.
The deal aimed to combine Lensar’s innovative cataract surgery technologies with Alcon’s existing portfolio, potentially creating a dominant force in the femtosecond laser-assisted cataract surgery market.