<code id='010BC6EE85'></code><style id='010BC6EE85'></style>
    • <acronym id='010BC6EE85'></acronym>
      <center id='010BC6EE85'><center id='010BC6EE85'><tfoot id='010BC6EE85'></tfoot></center><abbr id='010BC6EE85'><dir id='010BC6EE85'><tfoot id='010BC6EE85'></tfoot><noframes id='010BC6EE85'>

    • <optgroup id='010BC6EE85'><strike id='010BC6EE85'><sup id='010BC6EE85'></sup></strike><code id='010BC6EE85'></code></optgroup>
        1. <b id='010BC6EE85'><label id='010BC6EE85'><select id='010BC6EE85'><dt id='010BC6EE85'><span id='010BC6EE85'></span></dt></select></label></b><u id='010BC6EE85'></u>
          <i id='010BC6EE85'><strike id='010BC6EE85'><tt id='010BC6EE85'><pre id='010BC6EE85'></pre></tt></strike></i>

          Home / explore / fashion

          fashion


          fashion

          author:fashion    Page View:12
          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