Article: US pharma major Bristol-Myers Squibb is acquiring New Jersey biotech firm Medarex for around $2.4bn.(Companies, technology & environment)

US pharma major Bristol-Myers Squibb is acquiring New Jersey biotech firm Medarex for around $2.4bn. Bristol-Myers already owned a 2% share of the company as a result of a joint programme begun in 2005 to develop a treatment for melanoma. Medarex has developed transgenic mice with ...

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