Bristol-Myers to Pay $11 Billion to License Cancer Drug

Bristol-Myers to Pay  Billion to License Cancer Drug



Bristol-Myers to Pay $11 Billion to License Cancer Drug
Bristol-Myers Squibb Co. will pay BioNTech SE as much as $11.1 billion to license a next-generation cancer drug, as competition intensifies in an area of oncology that seeks to harness the immune system to attack tumors. Bloomberg’s Damian Garde reports. (Source: Bloomberg)


www.bloomberg.com
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