From a hammered sector since February to MERGER MANIA,
The drugs sector is in the grip of a wave of deal-making as firms strive to build up their best businesses and exit weaker ones, as highlighted by a multibillion-dollar asset swap between Novartis and GlaxoSmithKline.
Heating up for SPRING.
Echo20
Two biopharmaceutical companies with major presences in the Triangle announced a five-year collaboration agreement on Thursday.
Drug developer Biogen Idec (Nasdaq: BIIB) and biopharma development and commercial outsourcing services provider Quintiles (NYSE: Q) said they will work more closely together for at least the coming five years in order to improve Biogen's clinical development process