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Executive Spotlights

Summit bets $5B on Akeso, $500million upfront, and milestone payments of $4B for cancer therapy deal

Cambridge, MA, December 6, 2022 (Reuters) -- Summit Therapeutics Inc (SMMT.O) said on Tuesday it would license China-based Akeso Inc's (9926.HK) experimental cancer therapy in a deal worth up to $5 billion, sending its shares up 57% in premarket trade.


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Novartis to buy Mariana Oncology for $1B upfront

Watertown, MA, May 2, 2024 (finance.yahoo.com) -- Novartis is acquiring Mariana Oncology, a biotech firm specializing in targeted radiation medicines, for $1 billion. Mariana could receive up to $75

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