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Medicines Co buys antibiotic-maker Rempex
December 4, 2013 / 2:00 PM / in 4 years

Medicines Co buys antibiotic-maker Rempex

Dec 4 (Reuters) - Medicines Co on Wednesday said it acquired privately held Rempex Pharmaceuticals Inc, which develops medicines against drug-resistant bacteria, for $140 million and potential future milestone payments of up to $334 million.

Medicines Company said it acquires several anti-infective drugs as part of the deal, including a promising experimental medicine called Carbavance that has completed early-stage trials.

The company said it will continue to develop other experimental drugs from Rempex that also treat gram-negative bacteria in hospital settings.

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