biotech merger

Paris-based Sanofi SA (ADR) (NYSE: SNY) has restarted negotiations to acquire New Jersey's PTC Therapeutics, Inc. (NASDAQ: PTCT), a source familiar with the matter told Benzinga on Thursday. Société Générale is said to be working on the deal. Both sides began...

Baxalta Inc (NYSE: BXLT) shares are up 3.4 percent on Thursday afternoon on the back of a newly issued Reuters report that calls for a merger with Shire PLC (ADR) (NASDAQ: SHPG) to be announced as soon as Monday. According to the outlet, Shire is preparing to unveil a $32.5 billion offer for...