UPDATE 1-Novartis nears deal to buy U.S. biotech firm Medicines Co for about $7 bln- WSJ

Swiss drugmaker Novartis AG is nearing an agreement to acquire U.S. biotechnology firm The Medicines Co for about $7 billion, the Wall Street Journal reported https://on.wsj.com/2qveZtj on Saturday. The deal, in which Novartis has agreed to pay $85 a share, could be announced this weekend, the Journal reported, citing people familiar with the matter. Novartis declined to comment. …read more

Source:: Yahoo Finance

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