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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

The World Needs New Antibiotics, but the Business Model Is Broken
Business

The World Needs New Antibiotics, but the Business Model Is Broken

New drugs to defeat “superbug” bacteria aren’t reaching patients. 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

Deal on China Flights Signals U.S. Airlines' Stronger Hand
Business

Deal on China Flights Signals U.S. Airlines' Stronger Hand

Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source link

Ozempic Settles the Obesity Debate: It's Biology Over Willpower
Business

Ozempic Settles the Obesity Debate: It's Biology Over Willpower

Weight-loss drugs affect the brain in ways that help researchers understand how the body regulates weight. Source link

China's Worsening Economy Is Hurting Corporate America
Business

China's Worsening Economy Is Hurting Corporate America

Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link

Could Scientist Find Drug to Treat His Own Disease?
Business

Could Scientist Find Drug to Treat His Own Disease?

How a researcher’s 12-year journey to a new Bristol-Myers psoriasis medicine became personal: “You have hopes and daydreams almost in some ways.” Source link

China Slips Into Deflation in Warning Sign for Global Economy
Business

China Slips Into Deflation in Warning Sign for Global Economy

China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link