[ad_1] Updated Dec. 26, 2023 12:33 pm ET Drug company Bristol-Myers Squibb struck a $4.1 billion deal to buy RayzeBio, in a bet on a re-emerging cancer drug technology. RayzeBio…
Tag: Medical Conditions
AstraZeneca to Buy Gracell Biotechnologies for $1.2 Billion
[ad_1] AstraZeneca has agreed to buy Gracell Biotechnologies for a transaction value of $1.2 billion, as part of the former’s efforts to grow its cell therapies business. The upfront cash…
Investigators Probe Whether U.S. Was Billed Twice for Coronavirus Research in China
[ad_1] Dec. 23, 2023 10:00 am ET WASHINGTON—Two federal inspectors general are investigating whether a nonprofit group involved in high-risk coronavirus research in China double-billed U.S. taxpayers for hundreds of…
Illumina to Divest Itself of Cancer-Test Maker Grail
[ad_1] Updated Dec. 17, 2023 8:16 pm ET Gene-sequencing company Illumina said Sunday it will divest itself of cancer blood test maker Grail, following Illumina’s loss in its legal battle…
Matthew Perry Died From Effects of Ketamine, Autopsy Shows
[ad_1] Updated Dec. 15, 2023 7:18 pm ET Matthew Perry died from the acute effects of ketamine, according to an autopsy of the “Friends” actor released Friday. The 54-year-old actor,…
The Forgotten Man of mRNA Research
[ad_1] Jason Schrum’s work helped lay the foundation for Moderna’s mRNA Covid vaccine, but he hasn’t won any prizes or royalties and left the company after disagreements. [ad_2] Source link
$19 Billion in a Week: AbbVie Makes Two Big Bets
[ad_1] Early last week, AbbVie was on every healthcare investment banker’s list. But with two quick deal announcements under its belt in just six days, AbbVie may have transformed its…
Covid-19 Cases Are Rising Again, Just in Time for the Holidays
[ad_1] In what is becoming a holiday-season tradition, Covid-19 cases are rising once again in the U.S., according to the Centers for Disease Control and Prevention. Doctors and virus trackers…
Pfizer Warns 2024 Revenue Could Fall, Weighed Down by Soft Demand for Covid Products
[ad_1] Updated Dec. 13, 2023 10:16 am ET Pfizer shares tumbled Wednesday morning after the company said revenue could fall next year and issued 2024 guidance below analyst expectations. Shares…