In this video from Motley Fool Live, recorded on Nov. 30, Corinne Cardina, bureau chief of healthcare and cannabis, and Fool.com contributor Brian Orelli discuss recent licensing and acquisition that large drugmakers have undertaken. Biogen (NASDAQ:BIIB) made a investment in the development of a pair of drugs from Sage Therapeutics (NASDAQ:SAGE). Eli Lily (NYSE:LLY) took a more muted approach toward its licensing deal with Precision BioSciences (NASDAQ:DTIL). And Merck (NYSE:MRK) made an outright purchase of privately held OncoImmune to gain access to its COVID-19 treatment.
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