Bristol-Myers Squibb (BMY) Announces Acquisition of RayzeBio (RYZB) for $62.50 Per Share, $4.1 Billion

Go back to Bristol-Myers Squibb (BMY) Announces Acquisition of RayzeBio (RYZB) for $62.50 Per Share, $4.1 Billion

Karuna Therapeutics cut by analysts following news of Bristol-Myers Squibb acquisition

December 26, 2023 11:14 AM EST

Karuna Therapeutics Inc. (NASDAQ: KRTX) was downgraded by analysts at Leerink Partners, H.C. Wainwright and Maxim Group on Tuesday following news that the company will be acquired by Bristol-Myers Squibb (NYSE: BMY)for a total value of... More

Bristol-Myers Squibb (BMY) to buy RayzeBio (RYZB) for $4.1 billion

December 26, 2023 7:56 AM EST

Pharmaceutical giant Bristol-Myers Squibb (NYSE: BMY) announced Tuesday that it is acquiring RayzeBio (NASDAQ: RYZB) for $4.1 billion, strengthening its oncology portfolio with promising radiopharmaceutical therapeutics (RPTs).

The deal, valued at $62.50 per RayzeBio share, was... More

RayzeBio (RYZB) to Resume Trading at 7:30 a.m.

December 26, 2023 7:05 AM EST

RayzeBio (NASDAQ: RYZB) to Resume Trading at 7:30 a.m.

Bristol Myers Squibb (NYSE: BMY) and RayzeBio, Inc. (NASDAQ: RYZB) today announced a definitive merger agreement under which Bristol Myers Squibb... More