AstraZeneca to buy Fusion Pharma for $2 billion in cash Reuters via biedexmarkets.com

© Reuters. FILE PHOTO: Test tubes are seen in front of a displayed AstraZeneca logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – AstraZeneca (NASDAQ:) said on Tuesday it has agreed to buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals Inc for about $2 billion in cash.

The drugmaker will pay $21 per Fusion share plus a non-transferable contingent value right of $3 per share.

Facebook
Twitter
LinkedIn
WhatsApp
Email