Day One Biopharma Expands Oncology Pipeline With $285 Million Mersana Buyout
Day One Biopharmaceuticals (NASDAQ:DAWN) on Thursday agreed to acquire Mersana Therapeutics Inc. (NASDAQ:MRSN) , a clinical-stage biopharmaceutical company focused on the development of antibody-drug conjugates (ADCs) targeting cancers.DAWN is among today’s weakest performers. Get the scoop hereThe deal value comprises an upfront consideration of 30.25 per share in cash potentially payable under contingent value rights, representing a total equity value o ...