<code id='4B16629A4D'></code><style id='4B16629A4D'></style>
    • <acronym id='4B16629A4D'></acronym>
      <center id='4B16629A4D'><center id='4B16629A4D'><tfoot id='4B16629A4D'></tfoot></center><abbr id='4B16629A4D'><dir id='4B16629A4D'><tfoot id='4B16629A4D'></tfoot><noframes id='4B16629A4D'>

    • <optgroup id='4B16629A4D'><strike id='4B16629A4D'><sup id='4B16629A4D'></sup></strike><code id='4B16629A4D'></code></optgroup>
        1. <b id='4B16629A4D'><label id='4B16629A4D'><select id='4B16629A4D'><dt id='4B16629A4D'><span id='4B16629A4D'></span></dt></select></label></b><u id='4B16629A4D'></u>
          <i id='4B16629A4D'><strike id='4B16629A4D'><tt id='4B16629A4D'><pre id='4B16629A4D'></pre></tt></strike></i>

          Home / entertainment / fashion

          fashion


          fashion

          author:fashion    Page View:39427
          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