pharma

GSK Acquires Tesaro in a USD 5.1 Billion Deal

GSK Acquires Tesaro in a USD 5.1 Billion Deal

GlaxoSmithKline (NYSE: GSK) announced on Monday that it will acquire Tesaro (NASDAQ: TSRO) for USD 5.1 Billion.This marks the first big acquisition since Hal Barron, a pharma veteran and experienced scientist took on the role of chief scientific off..

CVS Reported Third Quarter Earnings

CVS Reported Third Quarter Earnings

CVS Health Corp. (NYSE: CVS) reported on Tuesday higher revenue in the third quarter, as the retail pharmacy chain grew its network and got a boost from an increase in same-store prescription volumes. The Company also said it anticipates its acquisi..

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..