Astra scoops JP Morgan
Acquiring Gracell at an 86% premium raises hopes that the biotech markets are bottoming out after a turbulent two years.
Acquiring Gracell at an 86% premium raises hopes that the biotech markets are bottoming out after a turbulent two years.
After a rollercoaster existence Cellular Biomedicine Group has a new name, and new deals with AstraZeneca and J&J.
Yet another rich ADC deal is struck as Bristol Myers Squibb ties up with China’s SystImmune.
Yet another ADC deal sees AbbVie buy ImmunoGen, ending a 40-year rollercoaster ride with a 100% overnight premium.
The new deal comes as Carvykti manufacturing problems continue and 2seventy dials down Abecma expectations.
Novartis and Gracell place further bets on shortened production times, with Bristol waiting in the wings.