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Big Pharma Has Spent Nearly $150 Billion On M&A (So Far) In 2025
Forbes· 2025-11-20 02:05
In this week’s edition of InnovationRx, we look at the biotech deal frenzy, Recursion’s incoming CEO, the infant formula botulism outbreak, and more. To get it in your inbox, subscribe here.gettyMerck announced last week that it would acquire biotech Cidara Therapeutics for about $9.2 billion. The primary reason: Cidara’s antiviral drug to prevent flu infections among patients with a high risk of complications, currently in late-stage clinical trials. The deal is Merck’s second multi-billion dollar acquisit ...