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Arena Pharmaceuticals soars 97% as Pfizer to spend $6.7 billion to buy ulcerative colitis drug developer
Arena's stock surge comes after the price this year had dropped by 35%.
Carla Mozée
Pfizer agrees to buy Seagen for $43 billion
The agreement is an early sign that, despite the threat of close antitrust examinations and higher …
ANI
A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free
Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside…
Filip De Mott
Seagen's stock surges almost 11% after a report that Pfizer is in talks to buy the cancer-focused biotech
Pfizer is in early talks to acquire cancer drugmaker Seagen in a potentially multibillion-dollar de…
Zinya Salfiti
Warren Buffett's Berkshire Hathaway announced more than $35 billion of investments last quarter
The famed investor's company spent nearly $18 billion on stocks and $9 billion on buybacks, and str…
Theron Mohamed
The many surprising uses of Pfizer's newest acquisition: Botox
One of the most common pharmaceutical products, Botox is currently known as an anti-wrinkle treatme…
Lydia Ramsey
4 biotechs that could be the next takeout targets after AbbVie's $63 billion acquisition of Allergan
There is, of course, no guarantee of future dealmaking, but this latest acquisition could foreshado…
Clarrie Feinstein,Emma Court
Array BioPharma spikes more than 50% after Pfizer shells out $11 billion for the cancer-drug developer
"The proposed acquisition of Array strengthens our innovative biopharmaceutical business, is expect…
Daniel Strauss
Pfizer just struck an $11 billion deal, and it marks an ambitious shift in the US drug giant's blockbuster cancer strategy
The deal, Pfizer's biggest since 2016, represents a big investment into finding treatments for two …
Emma Court
3 biotechs that investors should buy next after Pfizer's $11 billion deal for cancer drugmaker Array BioPharma
Across these deals, a common theme is that companies have been eyeing drugs with strong research da…
Clarrie Feinstein,Emma Court
Report: Pfizer and Allergan will terminate their proposed megamerger tomorrow
Treasury has taken action twice to make it harder for companies to invert. These actions took away …
Mark Abadi,Lydia Ramsey
Pharma giants like Novartis, Pfizer, and Sanofi are getting serious about a cutting edge therapy that changes human genes
Recent M&A transactions show that big pharma is betting big on gene therapy. In April, Novartis…
Lydia Ramsey
President Obama could 'gum up the works' for the giant Pfizer-Allergan deal
"In lieu of congressional action on some sort of international tax plan that would've made our tax …
Bob Bryan
A venture capital firm made about $470 million on a buzzy biotech's $8 billion acquisition, and has its eye on these promising areas next
"With targeted medicine, you know really quickly, and can stop the program right away" if the drug …
Emma Court
Pfizer Confirms It Wants To Do A Blockbuster Takeover Of AstraZeneca
As in its previous proposal, Pfizer is considering a possible transaction in which AstraZeneca shar…
Pfizer is in the lurch after it just scrapped a $160 billion takeover - here's what might happen next
But now that that's been quashed, Pfizer could turn to a few other big companies both in the US and…
Lydia Ramsey
Why Pfizer's talking about breaking up on the same day it announced a $160 billion merger
If the deal makes its way past shareholders and regulators, and if it doesn't run into too much tro…
Lydia Ramsey
US stocks drop ahead of key Fed meeting that could reveal interest rate path
Chairman Jerome Powell could speed up the taper of the Fed's monthly bond purchases and reveal when…
Matthew Fox
US stocks slip ahead of key Fed policy meeting
Fed Chairman Jerome Powell could speed up its monthly bond purchase tapering program as it seeks to…
Matthew Fox
Vaccine developer GreenLight is going public in a $1.5 billion SPAC deal
As some high-profile SPACs have imploded or fallen afoul of regulators, investors have increasingly…