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  2. Financial

Novartis in the lead to acquire cancer drug developer MorphoSys

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06 February 2024
Financial
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FILE PHOTO: The logo of Swiss drugmaker Novartis is pictured at the company's French headquarters in Rueil-Malmaison near Paris, France, April 22, 2020. REUTERS/Charles Platiau/File Photo

Business & Finance

Reuters exclusively reported[1] that drug maker Novartis AG (NOVN.S) is in advanced talks to acquire MorphoSys AG (MORG.DE), a developer of cancer treatments that has a market value of 1.6 billion euros ($1.7 billion). 

Market Impact

Read more https://www.reutersagency.com/en/reutersbest/article/novartis-in-the-lead-to-acquire-cancer-drug-developer-morphosys/

  • Previous Article Anglo American considers deeper cost cuts in face of worst downturn in years
  • Next Article Chinese brokers restrict cross-border swaps as stocks plunge

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