Bristol Myers buys Myokardia for $13B

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cityslicker99

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Bristol Myers buys Myokardia for $13B

posted on Oct 05, 2020 03:31PM

Bristol Myers has just spent $13B to buy out MyoKardia because they have a drug for hypertrophic obstructive cardiomyopathy that looks as if it will soon be approved by the FDA. The condition affects about 600,000 Americans. Congestive heart failure affects more than 6 million. How much will that make RVX worth when apabetalone gets approved?

https://www.fiercebiotech.com/biotech/bristol-myers-strikes-13b-myokardia-buyout-to-gain-heart-drug?mkt_tok=eyJpIjoiWm1VM01EaGxPVEF3WmpKaiIsInQiOiJ2NmVSSTBQWm55YzRuam5kNmVUZWJJSjZDdmFRanRVQnRiWVdIcVBLU1lid3dyRlFBeDZsRElTekdMM1RCSGpFSUxYdUY3TzJGalUzZjRVUnJId0lFa3l5b1Z0RTdhME9qS1FUSTFZQjBcL0loOStzM1p2Rkk0Y1p1bmhGS01ZZ0YifQ%3D%3D&mrkid=913011

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