<code id='54CA7FE77A'></code><style id='54CA7FE77A'></style>
    • <acronym id='54CA7FE77A'></acronym>
      <center id='54CA7FE77A'><center id='54CA7FE77A'><tfoot id='54CA7FE77A'></tfoot></center><abbr id='54CA7FE77A'><dir id='54CA7FE77A'><tfoot id='54CA7FE77A'></tfoot><noframes id='54CA7FE77A'>

    • <optgroup id='54CA7FE77A'><strike id='54CA7FE77A'><sup id='54CA7FE77A'></sup></strike><code id='54CA7FE77A'></code></optgroup>
        1. <b id='54CA7FE77A'><label id='54CA7FE77A'><select id='54CA7FE77A'><dt id='54CA7FE77A'><span id='54CA7FE77A'></span></dt></select></label></b><u id='54CA7FE77A'></u>
          <i id='54CA7FE77A'><strike id='54CA7FE77A'><tt id='54CA7FE77A'><pre id='54CA7FE77A'></pre></tt></strike></i>

          Home / entertainment / fashion

          fashion


          fashion

          author:knowledge    Page View:161
          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