Horizon Pharma will spend about $800 million to buy Raptor Pharmaceutical and expand its portfolio of rare disease treatments, a growing area of focus for drugmakers.
PPD founder Fred Eshelman plans to donate $100 million to the pharmacy school at UNC Chapel Hill, which already bears his name.
Nationwide, there is a long list of prescription drugs that are in short supply. From certain cancer medications to painkillers, the supply of these drugs is dwindling.
Hospitals at Duke University and the University of North Carolina are trying to make the relationship between drug companies and health providers more transparent.