Celgene Corp., a pharmaceutical company in Summit, announced Jan. 26 it paid $350 million in cash to acquire drug manufacturer Avila Therapeutics in Bedford, Mass.

Lombard Risk Acquires Unit

Lombard Risk Management, a risk-management firm based in London with an office in Newark, paid $4.25 million in cash and equity on Jan. 26 for the regulatory reporting business of banking consultant SOFGEN Holdings Limited in Petit-Lancy, Switzerland. Lombard’s legal team was headed by Robert Gabrielski and included Charles Bruder, Jeffrey Casaletto, Wendy Greenwood and Jeanne Hamburg, all of Norris McLaughlin & Marcus in Bridgewater.

Soluble Products Acquired

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