MyoKardia Buyout: BMS expands its cardiovascular portfolio for USD 13.1 Billion
Bristol Myers Squibb has bounty years in a go with its shares skyrocketing as it decides to go on an acquisition spree.
BMS has announced to acquire MyoKardia, a pharmaceutical company leveraging precision medicine to treat cardiomyopathies and other forms of heart failure.
BMS, according to the deal signed between the participating pharmaceuticals, will shell out USD 225 per share in cash in return of MyoKardia’s mavacamten, a novel, first-in-class, small molecule, allosteric inhibitor of cardiac-specific myosin adenosine triphosphatase under rigorous testing to...