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Karuna Therapeutics surges 47% after Bristol Myers Squibb announces $14 billion deal
Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share. Karuna’s stock closed up more than 47% on the news Friday, hitting $317.85 a share. Bristol Myers Squibb shares closed up 2%. The deal will help expand Bristol Myers’ drug pipeline after…
Climate Change and Corporate Responsibility: How Businesses Can Lead the Charge
In the tapestry of modern challenges, climate change stands as a colossus, casting a long shadow over our collective future. Yet, within this challenge lies an unprecedented opportunity for the corporate world to spearhead a revolution, not just in how businesses operate, but in how they can galvanize global efforts towards sustainability. As the clarion…
Bayer’s new CEO plans to cut management jobs in prelude to overhaul | Reuters News Agency
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