Labor Day is just around the corner and many people are looking forward to a last chance to celebrate the waning days of summer. But ahead of the holiday weekend, biopharmaceutical companies were hard at work closing deals.
Food conglomerate Nestlé is delving deeper into pharmaceuticals with its $2.6 billion deal to acquire Aimmune Therapeutics, developer of immunotherapies for food allergies. Earlier this year, Brisbane, CA-based Aimmune’s peanut allergy treatment, Palforzia, became the first FDA-approved food allergy immunotherapy. The deal activity extended to cancer immunotherapy as Gilead Sciences and AbbVie each struck up alliances to shore up their respective drug... Read more »
UNDERWRITERS AND PARTNERS
Author: Frank Vinluan
Date : 2020-09-04T14:44:31.000Z