knowledge -WSS

knowledge

author：hotspot 2025-10-02 22:58:30 - browse：3984

Adam's take main illustration — Molly Ferguson/STAT

Some day-after thoughts on Bristol Myers Squibb acquiring Mirati Therapeutics:

A take-under deal feels meh for biotech sector sentiment.Bristol is paying $58 per share in cash for Mirati, which closed Friday at $60. Granted, Mirati was trading in the $30 range in September, so from there, the roughly 50% premium isn’t terrible. But as Mizuho strategist Jared Holz pointed out, investors would liked to have seen Mirati go for $75-$100 per share.

With the closely watched XBI biotech index down 13% for the year, every M&A deal helps improve sentiment, but this one — maybe just a little. Bristol is paying $4.8 billion in cash to acquire Mirati, or $3.7 billion after accounting for Mirati’s cash. It’s a small bolt-on acquisition for Bristol, which isn’t overpaying.

Get unlimited access to award-winning journalism and exclusive events.

Subscribe Log In

Previous article： ChatGPT in medicine: STAT answers readers' burning questions
Next article： UnitedHealth financials solid despite Change Healthcare cyberattack

WSS

A public health expert passes on football's full body collisions for youths

Reanimated hearts work just as well for transplants, study finds

Can medical device makers keep up in the race to treat obesity?

Altering the blood type of lungs raises potential for universal organs for transplants

How to fix the rural physician shortage in the U.S.

A public health expert passes on football's full body collisions for youths

hotspot

knowledge

knowledge

Dobbs anniversary: the lost opportunity of abortion as health care

Mom launches Girl Scout troop for LGBTQ youth in Texas

As demand for Covid shots wanes, Moderna seeks its next success

MultiPlan and major insurers sued for alleged medical price

Apple is now the first public company to be valued at $3 trillion

Can medical device makers keep up in the race to treat obesity?

BioMarin wins approval for gene therapy to treat hemophilia A

Cancer researcher Catriona Jamieson is sending tumors into space

Dobbs anniversary: the lost opportunity of abortion as health care

The thinking behind the controversial eating disorder chatbot Tessa

hotspot

H5N1 bird flu virus started spreading in cows in Texas in December

Why rehabilitation engineers need to center patients in their research

How to fix the rural physician shortage in the U.S.

Health care needs a new profession: neuroimaging counseling

Bird flu in milk supply is likely coming from asymptomatic cows

Why rehabilitation engineers need to center patients in their research

knowledge

focus

focus

focus