BUSINESS

Sumitomo Dainippon to Buy US Hematology Startup Tolero

December 22, 2016
Sumitomo Dainippon Pharma said on December 21 that it will acquire Tolero Pharmaceuticals, a US biotech startup specializing in cancer and hematologic disorders, for roughly US$200 million. “The deal will help us strengthen our pipeline in oncology, which is one…

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