Saturday 15 December 2018
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Channel News Asia - 30 days ago

Arena Pharma soars on deal with United Therapeutics for hypertension drug

REUTERS: Shares of Arena Pharmaceuticals Inc jumped nearly 30 percent after the drug developer sold rights to develop and sell its hypertension treatment to United Therapeutics Corp, fetching it US$800 million in an upfront payment. Arena Pharma said the money will help it prepare for the eventual ...

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