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Karuna Therapeutics Inc

Innovation and M&A to boost these stocks

by Akin Smith
Innovation and M&A to boost these stocks

There’s been a lot of chatter about the mental health crisis since the Covid-19 pandemic. Overall, 12 mental health disorders affect 970 million people around the world — or one …

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Big pharma Merck, Bristol Myers, J&J prepare to lose revenue

by Anas Siddiqui
Big pharma Merck, Bristol Myers, J&J prepare to lose revenue

The New York Stock Exchange welcomes Johnson & Johnson (NYSE: JNJ) to the podium.  NYSE Big pharmaceutical companies such as Bristol Myers Squibb, Merck and Johnson & Johnson face a …

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Investors see a biotech comeback in 2024 as rates fall, deal-making picks up. Stocks to watch

by Akin Smith
Investors see a biotech comeback in 2024 as rates fall, deal-making picks up. Stocks to watch

Many biotech stocks struggled in 2023 despite a robust year for U.S. drug approvals. As these new therapies begin treating patients, some investors see better times ahead next year. “We’ve …

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Bristol Myers Squibb to buy Karuna Therapeutics

by Ron Morgan
Bristol Myers Squibb to buy Karuna Therapeutics

Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share. Karuna’s stock popped more than 47% on …

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