Merck nears deal for flu-prevention biotech Cidara
San Diego company’s lead drug is a potential alternative to vaccines for vulnerable patients
San Diego company’s lead drug is a potential alternative to vaccines for vulnerable patients

Acquisitions fuel pharma group’s evolution as it prepares to lose patent protection on cancer drug Keytruda

Terns Pharma stock has jumped since promising clinical data on its bone and blood cancer treatment last year

UK’s GSK will receive $370mn and 1% of sales of some vaccines as part of the deal

Shares in rare disease biotech surge 26% following approach by Swiss group

Quarterly proceeds from Keytruda top $8bn for first time

Pharma giant had to pay a blockbuster price to buy Metsera after the biotech prospect spurred an auction with Novo Nordisk