Zymeworks offers US$929-million for COPD drug maker Theravance
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Article Excerpt
Zymeworks offers US$929-million for COPD drug maker Theravance
JAMESON BERKOW
CAPITAL MARKETS REPORTER
SEAN SILCOFF
TECHNOLOGY REPORTER
PUBLISHED 1 HOUR AGO
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Vancouver-based cancer drug maker Zymeworks Inc. ZYME-Q is buying Theravance Biopharma Inc. for US$929-million in cash with financing from a major Canadian pension fund.
Zymeworks will pay US$17 per share for Dublin-based Theravance, which is actually a slight discount to the Irish company’s most recen…
Read full article at The Globe and Mail ↗
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