NEU 1.10% $13.76 neuren pharmaceuticals limited

Two large pharma deals have been announced in the past 24 hours,...

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    Two large pharma deals have been announced in the past 24 hours, both involving acquisition of companies with rare disease assets.

    The first is Celgene’s $9 bn acquisition of the 90% of Juno Therapeutics it doesn’t already own. Juno is the pioneer of CAR T therapies (oncology immunotherapies) and has multiple R &D stage and marketed cancer therapeutic assets with orphan designation.

    In the other M & A deal, Sanofi has stepped up with $11.6 bn to acquire Bioverativ, a company spun off from Biogen last year. Bioverativ specialises in drugs in the rare disease area of haemophilia.


    https://www.forbes.com/sites/johann...uno-therapeutics-a-risky-9b-bet/#4d40eb5917c7

    https://www.bloomberg.com/news/arti...ear-11-5-billion-deal-for-bioverativ-wsj-says

    http://fortune.com/2018/01/22/why-sanofy-is-bying-bioverativ/
 
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