By Barbara Obstoj-Cardwell. Editor
Hope all our readers have had a wonderful festive season, so now welcome back to our review of important news, this time for the two weeks to January 4. Opening the New Year, was Bristol-Myers Squibb’s surprise announcement that it was to acquire fellow USA-based biotech Celgene in a $74 billion cash and share deal. In a rush of pre-year-end US approvals, the Food and Drug Administration cleared Alexion’s Ultomiris for a rare, life-threatening blood cancer. The FDA granted Breakthrough Therapy designation for Roche and Chugai’s satralizumab for a rare disease, and also approved Acorda’s Inbrija for Parkinson’s disease.
Bristol-Myers Squelgene makes its pre-JP Morgan splash
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