Merck to Buy Harpoon Therapeutics for $680 Million

[ad_1] Merck & Co.has struck a deal to buy clinical-stage immunotherapy company Harpoon Therapeutics for about $680 million. Merck on Monday said it will pay $23 a share in cash…

Johnson & Johnson to Acquire Cancer-Treatment Developer Amrbx for $2B

[ad_1] Johnson & Johnson will acquire cancer-treatment developer Ambrx Biopharma in a $2 billion cash deal. The pharmaceutical giant said Monday that the deal to acquire all shares of Ambrx…

Elon Musk Has Used Illegal Drugs, Worrying Leaders at Tesla and SpaceX

[ad_1] Some executives and board members fear the billionaire’s use of drugs—including LSD, cocaine, ecstasy, mushrooms and ketamine—could harm his companies. [ad_2] Source link

Psychedelics Are Going Mainstream. Investing in Them Hasn’t.

[ad_1] Psychedelics spent a half-century in political and medical purgatory. Now they’re starting to go mainstream. Respected academic institutes and billionaires are funding research into their therapeutic benefits, and the…

CVS Names Cowhey Permanent Finance Chief as Guertin Departs

[ad_1] CVS Health on Friday said Shawn Guertin, its top finance executive who has been on a leave of absence since October due to family health reasons, won’t return to…

Nation’s Biggest Hospital Landlord Suffers New Losses

[ad_1] Medical Properties Trust, the country’s largest hospital landlord, said it would record about $350 million of write-downs related to its largest tenant, which had fallen behind on its rent,…

Ecstasy-for-Medicine Advocate Raises $100 Million

[ad_1] The Multidisciplinary Association for Psychedelic Studies, a nonprofit leader in the pharmaceutical psychedelics industry, has raised more than $100 million in a Series A private stock sale.   MAPS needed…

DocGo CEO Defends Performance on New York City Migrant-Care Contract

[ad_1] DocGo Chief Executive Lee Bienstock is standing by the mobile-healthcare company’s performance under a controversial migrant-care contract awarded by New York City. In an interview, the former Google executive,…

You Can Now Get Weight-Loss Drugs Right From Eli Lilly

[ad_1] Eli Lilly started a new online service offering telehealth prescriptions and direct home delivery of its new anti-obesity drug Zepbound, an unusual move into the drug supply chain by…

The Future Is Bright if You Know Where to Look

[ad_1] A burst of advances in artificial intelligence, medicine and elsewhere promise a better life down the road. [ad_2] Source link