Johnson & Johnson will acquire cancer-treatment developer Ambrx Biopharma in a $2 billion cash deal.
The pharmaceutical giant said Monday that the deal to acquire all shares of Ambrx for $28 each was expected have a value of $1.9 billion net of estimated cash required.
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People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear oral arguments Tuesday on a case that could affect broad swaths of the U.S. tax code and federal revenue. The closely watched case, Moore v….
Merck & Co.has struck a deal to buy clinical-stage immunotherapy company Harpoon Therapeutics for about $680 million. Merck on Monday said it will pay $23 a share in cash for Harpoon, more than double Friday’s closing price of $10.55 for the South San Francisco, Calif., company. Copyright ©2024 Dow Jones & Company, Inc. All Rights…
PHOENIX, ARIZONA – FEBRUARY 09: Former NFL player and host Pat McAfee speaks on radio row ahead of Super Bowl LVII at the Phoenix Convention Center on February 9, 2023 in Phoenix, Arizona. Mike Lawrie | Getty Images ESPN’s Pat McAfee problem is getting more complicated. On Friday, the host and former NFL punter publicly…
After five months of on-and-off strikes by Southern California hotel workers, there are signs of progress toward a resolution. On Friday, Unite Here Local 11 announced it had reached a tentative contract agreement with the Beverly Hilton covering more than 500 unionized workers. The union struck deals Saturday with two other properties managed by Hilton:…
Torsten Bell, boss of the Resolution Foundation think tank which focuses on improving living standards, said it was “increasingly not true” that people save for a house deposit, due to half of first-time buyers in their 20s getting help of an average of £25,000 from their parents.
Thomas Barwick | DigitalVision | Getty Images It wasn’t too long ago that women who needed business capital didn’t struggle to access it — they simply couldn’t get it, at least not without a male relative to co-sign on a loan. There’s been considerable progress since 1988 when that law was changed, but the gender…
