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Pharmaceutical Investing News

Merck looks to acquire Seagen

Pharmaceutical giant Merck is exploring a possible purchase of biotech company Seagen, according to The Wall Street Journal. No deal is imminent, sources told the...

Pfizer to buy 8.1% stake in vaccines company Valneva

U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company, as...

GSK shares lost 3.85% in the last month

In the latest trading session, GlaxoSmithKline (GSK) closed at $41.64, marking a -0.74% move from the previous day. This move was narrower than the...

Moderna invests 500 million euros in Spain to boost vaccine production

Moderna plans to invest around 500 million euros ($520.60 million) in a new laboratory in Spain to boost its production of vaccines, Spanish Prime...

Valneva stocks fall as European deal on COVID vaccine flounders

Valneva shed around a quarter of its market value on Monday after the French drugmaker warned that the future of its COVID-19 vaccine was...

Cogent Biosciences begins $125 million public offering

Cogent Biosciences, Inc., a biotechnology company focused on developing precision therapies for genetically defined diseases, today announced that it has commenced an underwritten public...
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