Amgen to acquire Five Prime Therapeutics for gastric cancer candidate bemarituzumab

Amgen to acquire Five Prime Therapeutics for gastric cancer candidate bemarituzumab

Amgen acquisition of Five Prime Therapeutics : Amgen has agreed to acquire Five Prime Therapeutics, a clinical-stage biotech company, for about $1.9 billion, to add a phase 3 ready gastric cancer candidate called bemarituzumab. Based in California, Five Prime Therapeutics is engaged in developing immuno-oncology and targeted cancer therapies. Amgen will acquire the biotech company […]

PNC Financial Services to acquire BBVA USA Bancshares for $11.6bn

PNC Financial Services to acquire BBVA USA Bancshares for $11.6bn

PNC Financial Services Group has signed an all-cash deal worth $11.6 billion to acquire BBVA USA Bancshares, the US banking arm of Spanish banking giant BBVA. Based in Texas, BBVA USA Bancshares, through its subsidiary BBVA USA, holds $104 billion in assets. Through its 637 branches spread across Texas, Alabama, Arizona, Colorado, Florida, California, and […]