<code id='F0D2C17824'></code><style id='F0D2C17824'></style>
    • <acronym id='F0D2C17824'></acronym>
      <center id='F0D2C17824'><center id='F0D2C17824'><tfoot id='F0D2C17824'></tfoot></center><abbr id='F0D2C17824'><dir id='F0D2C17824'><tfoot id='F0D2C17824'></tfoot><noframes id='F0D2C17824'>

    • <optgroup id='F0D2C17824'><strike id='F0D2C17824'><sup id='F0D2C17824'></sup></strike><code id='F0D2C17824'></code></optgroup>
        1. <b id='F0D2C17824'><label id='F0D2C17824'><select id='F0D2C17824'><dt id='F0D2C17824'><span id='F0D2C17824'></span></dt></select></label></b><u id='F0D2C17824'></u>
          <i id='F0D2C17824'><strike id='F0D2C17824'><tt id='F0D2C17824'><pre id='F0D2C17824'></pre></tt></strike></i>

          Home / fashion / fashion

          fashion


          fashion

          author:explore    Page View:1
          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