Bristol-Myers Squibb CEO Giovanni Caforio told CNBC on Friday the company is"one step closer to creating that great company" after shareholders greenlit a $74 billion takeover of Celgene.
"When the two companies come together, we'll have two growing businesses," Caforio said in an interview with "Mad Money's" Jim Cramer."We're going to be able to launch six new medicines, potentially, in the next two years. It's going to be a great company, [will] create value for shareholders, [and will be] very good for patients."
Celgene is also a leader, he added, in treatments for multiple myeloma, a cancer that attacks the plasma cells that create antibodies to fight infections.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here’s one way to tell if a company is overpaying its CEOU.S. companies that use non-standard numbers to calculate executive compensation are overpaying their top managers, according to a new research report. Step 1: Is your CEO a WASP male? Step 2: If yes, your CEO is overpaid. If no see Step 3. Step 3: Your CEO is not overpaid. thanks for info marketwatch
Source: MarketWatch - 🏆 3. / 97 Read more »
Exclusive: Trump eyeing stepped-up Venezuela sanctions for foreign companies - BoltonWATCH: Trump is eyeing 'secondary sanctions' on Venezuela that would hit companies from other countries who do business with Maduro's government, national security adviser Bolton said Yup. He still looks like a loony OH NOOO! New sanctions again!!! GAME OVER!!!
Source: Reuters - 🏆 2. / 97 Read more »
Disney CEO Iger gives three reasons why the company's streaming service will be a successDisney Chairman and CEO Bob Iger explained that he believes customers will flock to Disney+ thanks to a combination of unique factors. RobertIger Stocks sky high
Source: CNBC - 🏆 12. / 72 Read more »