Trending: Roche to Buy Telavant From Roivant and Pfizer
24 October 2023 - 6:41AM
Dow Jones News
1504 ET -- Roche Holding and Pfizer are among the most mentioned
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. Roche agreed to buy Telavant Holdings
from Roivant Sciences and Pfizer, a deal that includes $7.1 billion
upfront and a near-term milestone payment of $150 million. Telavant
is developing a bowel-disease treatment. On Friday, Pfizer said the
Food and Drug Administration approved Penbraya, a vaccine for
meningococcal disease. Dow Jones & Co. owns Factiva.
(josh.beckerman@wsj.com)
(END) Dow Jones Newswires
October 23, 2023 15:26 ET (19:26 GMT)
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