Bristol-Myers to buy Celgene for $74 billion in largest biopharma deal

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Pfizer (PFE) Enters Collaboration Agreement with CytoReason

January 7, 2019 8:06 AM EST

CytoReason announced today that it has entered into a collaboration agreement with Pfizer Inc. (NYSE: PFE) that will leverage CytoReasons cell-centered models of the immune system.

CytoReason will receive from Pfizer payments potentially equaling up to low double digit millions of US$ for technology access fees, research support and certain success-based payments.

CytoReasons... More

Biogen (BIIB) Reports Strategic Collaboration with Skyhawk Therapeutics to Develop Novel Small Molecule RNA Splicing Modifiers for Neurological Disease Targets

January 4, 2019 7:32 AM EST

Biogen Inc (NASDAQ: BIIB) and Skyhawk Therapeutics, Inc. today announced a strategic collaboration in which the companies will leverage Skyhawks SkySTAR technology platform with the goal of discovering innovative small molecule treatments for... More

Biogen (BIIB) Reports Strategic Collaboration with C4 Therapeutics to Discover and Develop Potential New Treatments for Neurological Conditions

January 4, 2019 7:31 AM EST

Biogen Inc (NASDAQ: BIIB) and C4 Therapeutics (C4T) announced today that they have entered into a strategic collaboration to investigate the use of C4Ts novel protein degradation platform to discover and develop potential new treatments for neurological conditions,... More

Leerink Partners Downgrades Celgene (CELG) to Market Perform Following Acquisition

January 3, 2019 11:56 AM EST

Leerink Partners analyst Geoffrey Porges downgraded Celgene (NASDAQ: CELG) from Outperform to Market Perform with a price target of $102.00 (from $112.00) following acquisition.

For an analyst ratings summary and ratings history on Celgene click here. For more ratings news on Celgene click here.

Shares of Celgene closed at $66.64 yesterday.

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Bristol-Myers Squibb (BMY) Announces $5B Accelerated Share Repurchase Program

January 3, 2019 7:12 AM EST

With news it will acquire Celgene, Bristol-Myers Squibb (NYSE: BMY) also said expects to execute an accelerated share repurchase program of up to approximately $5 billion, subject to the closing of the transaction, market conditions and Board approval.

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