In a $1.05 billion transaction, Merck & Co Inc. has announced this week that it will be buying Peloton Therapeutics. The drug maker will be gaining access to Peloton’s lead kidney cancer drug candidate with the transaction. Peloton expects to start studying its lead drug “PT2977”, a kidney cancer treatment, in a late-stage trial in … Continue reading “Merck & Co Inc. Agrees to Buy Peloton Therapeutics”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
Hot Stocks
Tesla Drops After Wedbush Lowers Price Target
Shares of electric vehicle maker Tesla were falling around 5% on Monday after analysts at…
May 22, 2019
Hot Stocks
This is How Harley’s CEO Feels About the Trade War
President Trump's trade war with China has had many executives chime in with their remarks…
May 21, 2019
Hot Stocks
Snap Just Named a New CFO
Snap, the parent company of the world renown app Snapchat, has named Derek Andersen as…
May 21, 2019
Google Has Just Unveiled New Smart Glasses For Nearly $1,000
This week Google announced Google Glass Enterprise Edition 2, the company's new smart glasses that…
May 21, 2019
Life
Pinterest Shares Just Took a Nosedive After a Disappointing Outlook
While Pinterest beat expectations in its earnings report for the first quarter, traders were not…
May 17, 2019
Nvidia Reports First Quarter Earnings And Beats Estimates
Chipmaker Nvidia reported its first quarter financial report after the bell on Thursday and beat…
May 17, 2019
Hot Stocks
This is What Cisco Executives are Saying About Trump’s Tariffs
Top Cisco executives have chimed in with their thoughts about President Trump's Chinese tariffs. According…
May 17, 2019
Macy’s Just Got an Upgrade from Goldman Sachs
Department store chain Macy's Inc. has received an upgrade from investment banking firm Goldman Sachs…
May 17, 2019
Hot Stocks
Walmart Reports Q1 Results and Sees Revenue and Profit Jump
Retail giant Walmart posted its first quarter financial results this week with a profit and…
May 17, 2019
Hot Stocks
Baidu Shares Fall After the Company Does This for the First Time
Shares of Baidu, a Chinese multinational technology company specializing in Internet-related services and products and…
May 17, 2019
Hot Stocks
Beyond Meat Just Hit All Time High After This Happened
Since debuting in the market earlier this month, shares of Beyond Meat have been on…
May 16, 2019
Hot Stocks
Tesla to Pay Former Janitor Who is Now Disabled $13 Million
Electric vehicle maker Tesla has agreed to pay a former janitor $13 million in damages…
May 16, 2019
Hot Stocks
Warren Buffett’s Berkshire Hathaway Finally Owns Amazon Shares
Warren Buffett’s Berkshire Hathaway now owns Amazon shares, and a lot of them according to…
May 16, 2019