Healthcare & Biotech
U.S. Judge Approves CVS-Aetna Merger
A federal judge on Wednesday formally approved the merger of CVS Health (NYSE: CVS) and U.S. health insurer Aetna, Inc. Judge Richard Leon of the U.S. District Court for the District of Columbia signed off...
Amgen to Buy Celgene’s Otezla for $13.4 Billion
The American multinational biopharmaceutical company, Amgen (NASDAQ: AMGN) agreed to buy Celgene’s (NASDAQ: CELG) Otezla, which is a psoriasis treatment, for USD 13.4 Billion.The acquisition clears the way...
Pfizer to Merge Subsidiary with Mylan
Pfizer (NYSE: PFE) announced on Monday morning that its subsidiary, Upjohn will merge with Mylan (NASDAQ: MYL). Following the news, Mylan shares rose by 13% during Monday’s pre-market hours. Under the...
CVS Shares Rise Amid Market Tumble
Despite the market tumbling lower on Wednesday, CVS Health Corporation (NYSE: CVS) reportedearnings that propelled the stock 5% higher in early morning trading. CVS raised its guidance for its full-year...
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