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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In his first week in office, President Joe Biden has reimposed a host of COVID-19 travel restrictions, while also repealing Donald Trump’s discriminatory Muslim ban. The actions mean the US will now start allowing visitors from predominantly Muslim and African countries who were previously restricted from entering the US under Trump. At the same time,…
Horizon victims hope a new mini-series will give their story the “oxygen it deserves”.
About 120,000 workers at the supermarket will see their wages increase by more than 9% from March.
The chief executive of JetBlue Airways, Robin Hayes, said on Monday that he planned to step down after nine years in the role and while in the middle of trying to carry out a merger with Spirit Airlines that could reshape the industry, if it isn’t blocked in court. Mr. Hayes will be replaced by…
A “For Sale” sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared to the same month a year…
The spread of COVID-19, which has risen to 27,425 cases in Kenya since March 13, inspired scammers to create new variations. Frederick, another victim who declined to give his real name, is a waiter who lost his job in the wake of the pandemic. He fell for a coronavirus volunteer recruitment version of the scam,…
