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Why Novartis's $9.7 Billion Purchase of The Medicines Company Is Bad News for Amgen

Thread starter cafead
Start date Dec 3, 2019

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cafead

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cafead Dec 03, 2019 at 12:22: AM

via Swiss drugmaker Novartis's (NYSE: NVS) $9.7 billion takeover of The Medicines Company (NASDAQ: MDCO) gives the former ownership of an investigational cardiovascular drug called inclisiran. And that may mean trouble for Amgen (NASDAQ: AMGN) and its heart drug Repatha, which hasn't lived up to blockbuster hopes.

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Why Novartis&#039;s $9.7 Billion Purchase of The Medicines Company Is Bad News for Amgen

cafead

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cafead

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Why Novartis's $9.7 Billion Purchase of The Medicines Company Is Bad News for Amgen