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Sumitomo nets Myovant in $2.9B buyout, adding IVF asset to pipeline

cafead

Administrator
Staff member
  • cafead   Oct 24, 2022 at 11:32: PM
via Sumitomo has landed its takeover target. After seeing Myovant turn down its original offer, the Japanese drugmaker has added almost 20% to its price to get the deal done and snag a phase 2 in vitro fertilization asset.

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