AstraZeneca agrees to acquire biotech group Fusion for up to $2.4bn.

Pharma giant AstraZeneca has agreed to acquire oncology drugs developer Fusion Pharmaceuticals for up to $2.4 billion, aiming to expand its cancer treatment portfolio. The deal, expected to close by the end of 2022, is subject to customary closing conditions and regulatory approvals. Fusion Pharma specializes in targeted alpha therapy, which uses radioactive isotopes to treat various cancers.

March 19, 2024
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