jueves, 22 de febrero de 2024

NOVARTIS / MORPHO Sys: A veces SI, a veces NO. / Incoherencias...


 

Feb 6 (Reuters) - 

Drugmaker Novartis AG , opens new tab said it will acquire MorphoSys AG , opens new tab, a developer of cancer treatments, for 2.7 billion euros ($2.9 billion), adding a promising rare bone-marrow cancer treatment candidate to its portfolio.

Reuters first reported on Monday that Switzerland-based Novartis was in advanced talks to acquire MorphoSys, leading to the German biotech firm's shares surging more than 40%.

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 Adam Feuerstein Feb. 6, 2024

Novartis said Monday that it intends to buy MorphoSys for just under $3 billion. The deal will not close. Six months from now, or sooner, Novartis will walk away — slightly embarrassed but otherwise unscathed — happy to pay a small breakup fee to MorphoSys to avoid owning a drug for myelofibrosis that regulators turned away.

MorphoSys will not fare as well from the breakup. Its future, and that of the drug called pelabresib at the center of the deal, will be thrown into limbo.

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