Look back at pharma news in week to November 23
By Barbara Obstoj-Cardwell. Editor
Among featured M&A news last week, US devices company Boston Scientific made a $4.24 billion bid for UK-based specialty pharma firm BTG, and there was also talk that US immuno-oncology company Tesaro may be putting itself up for sale. On the research front, there was disappointment for Germany’s Merck KGaA and US partner Pfizer as their immune checkpoint inhibitor Bavencio (avelumab) failed to meet endpoints in a Phase III ovarian cancer study. But there was better news for Danish diabetes care giant Novo Nordisk, with positive cardiovascular outcomes with its oral semaglutide in the PIONEER 9 trial.
Boston bid for BTG shows dreams can come true
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