Bristol Bid For ZymoGenetics Looks Even Better In Light Of Promising Melanoma Data

ZymoGenetics shareholders who want a better offer than the $885 million acquisition Bristol-Myers Squibb offered on Wednesday, September 8, aren’t likely to get one. It’s a disappointing result for a company with nearly 30 years of biotech discovery and grand ambitions behind it.

ZymoGenetics Inc. shareholders who want a better offer than the $885 million acquisition Bristol-Myers Squibb Co. offered on Wednesday, September 8, aren't likely to get one. [See Deal] ( See "From HCV Partner to Acquirer, BMS Makes $885 Million Offer for ZymoGenetics," "The Pink Sheet" DAILY , September 7, 2010 Also see "From HCV Partner To Acquirer, BMS Makes $885 M Offer for ZymoGenetics" - Pink Sheet, 7 September, 2010..)

It's a disappointing result for a company with nearly 30 years of biotech discovery and grand ambitions behind it. (...

More from Archive

More from In Vivo

Turning Defense Into Attack: Snapshots Of A Changing Medtech Market And How To Respond

 
• By 

Against a backdrop of shifting trade policies, the end of multilateral market approaches and renewed focus on supply chain resilience, medtechs are doubling down on innovation in products and processes – using AI – and keeping unmet needs and outcomes in the center of the target.

AI Agents Set To Reshape Biopharma’s Workforce And Operations

 
• By 

While biopharma companies experiment with genAI, agentic AI is rapidly shifting the work paradigm towards one of autonomous digital workers that can handle entire process flows.

MitoRx’s Muscle-Preserving Obesity Drug Takes Aim At GLP-1 Limitations

 
• By 

UK biotech targets the root cause of metabolic disease while preserving muscle mass in a crowded obesity market.