21 November 2024

Howe Street Reporter Title

Tag: SNY.NASDAQ

  • 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…