Tag: ARQL.NASDAQ
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![Merck (MRK.NASDAQ), Sanofi (SNY.NASDQ) – is Big Pharma a cancer?]()
Merck (MRK.NASDAQ), Sanofi (SNY.NASDQ) – is Big Pharma a cancer?
December 9, 2019 – “Merger Monday” – a couple of Big Pharma companies announced plans to acquire two cancer-focused biotechs – in separate deals worth a combined $5.2 billion. Merck (MRK.NASDAQ) agreed to buy ArQule (ARQL.NASDAQ) for $2.7 billion, while French drug giant Sanofi (SNY.NASDAQ) agreed to purchase Synthorx (THOR.NASDAQ) for $2.5 billion. MRK has…
