Tag: percent-stake
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AstraZeneca buys most of Acerta for $4 billion to add cancer drug
By Ben Hirschler LONDON (Reuters) – AstraZeneca said on Thursday it had agreed to buy 55 percent stake of privately held biotech firm Acerta Pharma for $4 billion to give it access to a new kind of drug for fighting blood cancers. AstraZeneca will pay $2.5 billion upfront, with a further $1.5 billion paid either…
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AstraZeneca buys most of Acerta for $4 billion to add cancer drug
By Ben Hirschler LONDON (Reuters) – AstraZeneca said on Thursday it had agreed to buy 55 percent stake of privately held biotech firm Acerta Pharma for $4 billion to give it access to a new kind of drug for fighting blood cancers. AstraZeneca will pay $2.5 billion upfront, with a further $1.5 billion paid either…
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High schools listening to scientists, letting teens sleep
SEATTLE (AP) — More school districts around the U.S. are heeding the advice of scientists who have long said that expecting teens to show up to class before 8 a.m. isn't good for their health or their report cards.
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APNewsbreak: VA to provide robotic legs to paralyzed vets
The Department of Veterans Affairs has agreed to pay for robotic legs that could allow scores of paralyzed veterans with spinal cord injuries to walk again.
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Chipotle Will Use Central Kitchen for Some Ingredients After E. Coli Outbreak
An E. coli outbreak linked to the Chipotle restaurant chain has already led to major changes in the company's food production as it works to regain customers' trust. At least 52 people have been sickened in the multi-state outbreak that officials from the U.S. Centers for Disease Control and Prevention linked to eating at Chipotle.…
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GE predicts up to 15 percent rise in 2016 operating income
General Electric Co predicted on Wednesday a double-digit rise in operating earnings in 2016 to between $1.45 and $1.55 a share and said it would return about $26 billion to shareholders, sending its stock up sharply. GE said it expected double-digit growth in operating profit at its power and energy management businesses, boosted by the…