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Dec 15, 2021, 7:11 pm258 ptsMugglehead
Big pharma now has a bigger stake in cannabinoid therapeutics, as Pfizer Inc. (NYSE: PFE) — maker of the Pfizer-BioNTech vaccine — buys Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) in an all-cash deal valued at US$6.7 billion. The boards of directors of both companies have approved the transaction, Pfizer…
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