Pfizer Inc. said on Monday it would buy drug developer Arena Pharmaceuticals for $6.7 billion in cash, to add a promising treatment candidate that targets diseases affecting the stomach and intestine. The $100 per share offer is double the last closing price of Arena’s shares, which surged 92 percent to $95.90 in premarket trading. This…
Pfizer Bets on Arena’s Promising Bowel Disease Treatment in $6.7 Billion Deal
December 13, 2021
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Omicron Highlights Vaccine Limitations
The latest installment in the COVID-19 saga is a variant of the SARS-CoV2 virus dubbed omicron. Labeled a “variant of concern” by the World Health Organization (WHO), omicron was first reported at the end of November, and quickly triggered worry and restrictions across the globe. Omicron was first noticed in South Africa, but cases are…
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