<code id='2142848028'></code><style id='2142848028'></style>
    • <acronym id='2142848028'></acronym>
      <center id='2142848028'><center id='2142848028'><tfoot id='2142848028'></tfoot></center><abbr id='2142848028'><dir id='2142848028'><tfoot id='2142848028'></tfoot><noframes id='2142848028'>

    • <optgroup id='2142848028'><strike id='2142848028'><sup id='2142848028'></sup></strike><code id='2142848028'></code></optgroup>
        1. <b id='2142848028'><label id='2142848028'><select id='2142848028'><dt id='2142848028'><span id='2142848028'></span></dt></select></label></b><u id='2142848028'></u>
          <i id='2142848028'><strike id='2142848028'><tt id='2142848028'><pre id='2142848028'></pre></tt></strike></i>

          Home / hotspot / Wikipedia

          Wikipedia


          Wikipedia

          author:explore    Page View:786
          Bristol Myers Squibb sign
          Courtesy Bristol Myers Squibb

          Bristol Myers Squibb will pay $4.1 billion for RayzeBio, the companies said Tuesday, buying into the fast-growing field of using targeted doses of radiation to treat cancer.

          RayzeBio, which raised about $350 million in a September initial public offering, is working in radiopharmaceuticals, which pair the tumor-killing power of radiation with the precision of targeted cancer therapies. The company is currently running a pivotal trial of its most advanced drug, RYZ101, in neuroendocrine cancer and has a pipeline of treatments for kidney, liver, and other cancers.

          advertisement

          Bristol Myers will pay $62.50 in cash per share of RayzeBio, a roughly 115% premium to the company’s recent trading and more than triple the company’s IPO price.

          Get unlimited access to award-winning journalism and exclusive events.

          Subscribe Log In