Daiichi Sankyo to acquire Ambit Biosciences
In addition to the upfront cash payment, each Ambit Biosciences stockholder will receive one Contingent Value Right (CVR), entitling the holder to receive an additional cash payment of
Bristol Myers Squibb (BMS) is set to merge its separate research and development (R&D) departments into a single entity, effective from 1 January 2027.
The joint laboratory will focus on the discovery and development of new biologic cancer treatments over an initial five-year period. Under the deal, scientists from both organisations will