The Traderszone Network

Published in TZ Latest News 8 December, 2014 by The TZ Newswire Staff

Merck to take on superbugs with Cubist Pharma buy

Merck & Co Inc said it would buy Cubist Pharmaceuticals Inc for $8.4 billion plus assumption of debt, giving the major drugmaker an entry into the market for drugs that combat so-called superbugs. The …