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AbbVie agrees to buy Stemcentrx for $5.8bn

The deal gives AbbVie rights to Stemcentrx’s experimental treatment for a form of lung cancer and other experimental drugs. Stemcentrx’s lead late-stage asset rovalpituzumab tesirine (Rova-T) is presently

Sanofi offers to buy Medivation for $9.3bn

Medivation develops and commercializes medically innovative therapies to treat severe diseases for which there are limited treatment options. The company has one marketed prostate cancer therapy, Xtandi, and