<code id='DCEC9E50B3'></code><style id='DCEC9E50B3'></style>
    • <acronym id='DCEC9E50B3'></acronym>
      <center id='DCEC9E50B3'><center id='DCEC9E50B3'><tfoot id='DCEC9E50B3'></tfoot></center><abbr id='DCEC9E50B3'><dir id='DCEC9E50B3'><tfoot id='DCEC9E50B3'></tfoot><noframes id='DCEC9E50B3'>

    • <optgroup id='DCEC9E50B3'><strike id='DCEC9E50B3'><sup id='DCEC9E50B3'></sup></strike><code id='DCEC9E50B3'></code></optgroup>
        1. <b id='DCEC9E50B3'><label id='DCEC9E50B3'><select id='DCEC9E50B3'><dt id='DCEC9E50B3'><span id='DCEC9E50B3'></span></dt></select></label></b><u id='DCEC9E50B3'></u>
          <i id='DCEC9E50B3'><strike id='DCEC9E50B3'><tt id='DCEC9E50B3'><pre id='DCEC9E50B3'></pre></tt></strike></i>

          Home / explore / Wikipedia

          Wikipedia


          Wikipedia

          author:explore    Page View:714
          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