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Drug company Apotex signs deal to buy Montreal-based Searchlight Pharma

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TORONTO — Montreal-based healthcare company Searchlight Pharma is being purchased by drug company Apotex. The financial terms of the deal that's expected to ...

TORONTO — Montreal-based healthcare company Searchlight Pharma is being purchased by drug company Apotex.

Apotex chief executive Allan Oberman says Searchlight has a proven track record, deep institutional knowledge and a strong portfolio. Apotex is owned by SK Capital Partners, which purchased the Toronto company in 2022. It was founded by Barry Sherman, who along with his wife Honey Sherman was killed in their Toronto mansion in 2017. -- SLB agreed to acquire rival oilfield service provider ChampionX Corp. for $7.8 billion in an all-stock deal, a move that will bulk up SLB’s technology portfolio as aging shale wells prompt US drillers to spend more to keep output flowing longer.

 

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Drug company Apotex signs deal to buy Montreal-based Searchlight PharmaDrug company Apotex Inc. has signed a deal to buy Searchlight Pharma Inc.
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