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Lazard and Elaia Partners Enter Into Exclusive Negotiations for a Strategic Partnership to Develop a European Private Technology Investment Platform - Vimarsana News

Lazard and Elaia Partners Enter Into Exclusive Negotiations for a Strategic Partnership to Develop a European Private Technology Investment Platform

Lazard and Elaia Partners plan to launch a late-stage and growth equity fund focused on Europe and managed by a new jointly owned asset management firm based in Paris ...

AbbVie to acquire ADC manufacturer ImmunoGen for $10.1B in oncology play - Vimarsana News

AbbVie to acquire ADC manufacturer ImmunoGen for $10.1B in oncology play

The ImmunoGen deal, which is expected to close in the middle of 2024, is also estimated to be accretive to AbbVie’s diluted earnings per share beginning in 2027.

Promise of new druggable targets drives Lilly into $660M Prism BioLab pact - Vimarsana News

Promise of new druggable targets drives Lilly into $660M Prism BioLab pact

The discovery collab between Lilly and Prism, worth north of $600 million, promises to yield fresh targets that are readily druggable with small molecules.

Eli Lilly scoops up Beam's licensing rights in Verve deal for $250M - Vimarsana News

Eli Lilly scoops up Beam's licensing rights in Verve deal for $250M

Notably, the Lilly deal is also expected to extend Beam’s cash runway to the second half of 2026.

Stock Market Erases Gains And Here Comes Powell; Tesla Stock Has This Problem - Vimarsana News

Stock Market Erases Gains And Here Comes Powell; Tesla Stock Has This Problem

The stock market gave up gains Thursday morning, as small caps and the IBD 50 also lagged amid a day full of events to watch.