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AstraZeneca (AZN) is set to acquire U.S. biotech company FibroGen’s (FGEN) China unit for $160 million to expand its presence in the country.
U.S. stocks DJIA SPX COMP have opened lower, with Treasury yields BX:TMUBMUSD10Y BX:TMUBMUSD02Y slipping. Gold (GC00) hit a fresh record, while the dollar DXY is lower.
AstraZeneca is paying $160 million for FibroGen’s China business, giving the U.K.-based Big Pharma the regional rights to ...
Purchase price represents enterprise value of $85 million plus FibroGen net cash held in China at closing, currently estimated to be ...
Purchase price represents enterprise value of $85 million plus FibroGen net cash held in China at closing, currently ...