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Biopharmaceutical newcomer Intra-Cellular surged over 25% before the market opened! It is reported that Johnson & Johnson is in talks to acquire the company, reigniting a wave of Medical mergers and acquisitions.
Johnson & Johnson is in talks to acquire the biopharmaceutical company Intra-Cellular Therapies Inc., which focuses on treating central nervous system diseases, and both parties may reach an agreement as early as this week.
Sector Update: Health Care Stocks Mixed Pre-Bell Monday
Johnson & Johnson to Acquire Intra-Cellular in $14.6B Deal
US stock outlook | Wall Street begins to discuss the possibility of interest rate hikes! The three major index futures collectively weakened; Intra-Cellular surged nearly 35% in pre-market trading! It will be acquired by Johnson & Johnson for billions.
Tesla fell 3% before the market opened, as the largest Retirement Fund in Europe liquidated its shares; the yield on the 10-year US Treasury is aiming for 5%! The Global bond market is in turmoil.
Johnson & Johnson (JNJ.US) FGFR inhibitor "erdafitinib" has been approved for sale in the domestic market.
Johnson & Johnson (JNJ.US) FGFR inhibitor "erdafitinib" has been approved for sale in the domestic market.
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