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Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion
Business

Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion

The deal expands the pharmaceutical company’s portfolio of cancer drugs. Source link

Amgen's Deal for Horizon Therapeutics Clears Key Hurdle
Business

Amgen's Deal for Horizon Therapeutics Clears Key Hurdle

The Federal Trade Commission said it had agreed to end its legal challenge of the $27.8 billion deal. The pact also dismisses the antitrust claims

FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics
Business

FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics

The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source link

Pfizer’s Covid Boost Crashes to Earth
Business

Pfizer’s Covid Boost Crashes to Earth

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The Political Turf Battle Over the Future of Your Prime Rib
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The Political Turf Battle Over the Future of Your Prime Rib

The White House must decide whether the Food and Drug Administration or Agriculture Department will oversee the food-company scientists tweaking genes to make animals heat

Biogen to Buy Reata in $7.3 Billion Deal
Business

Biogen to Buy Reata in $7.3 Billion Deal

The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases. Source link

Biogen to Cut Roughly 11% of Workforce
Business

Biogen to Cut Roughly 11% of Workforce

The biotech cited the launch of Alzheimer’s drug Leqembi as part of its new focus on big-return products. Source link

Big Pharma Bets Big on China
Business

Big Pharma Bets Big on China

China remains attractive to global pharmaceutical companies even as many multinationals shift their focus elsewhere. Source link

Drugs Like Ozempic Created a Gold Rush. These Drugmakers Want In.
Business

Drugs Like Ozempic Created a Gold Rush. These Drugmakers Want In.

Companies developing weight-loss drugs have raised or made deals valued at more than $1.4 billion since about a year ago. Source link