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BLU BELLUS Health Inc

19.48
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BELLUS Health Inc TSX:BLU Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 19.48 19.46 19.52 0 01:00:00

Trending: GSK Buys Bellus Health for About $2 Billion

18/04/2023 11:30am

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0959 GMT - GSK is among the most mentioned companies across news items over the past six hours, according to Factiva data, after it said it had reached an agreement to buy Canadian late-stage biopharmaceutical company Bellus Health Inc. for $14.75 a share in cash, representing a total equity value of around $2.0 billion. The British pharma major said that through the acquisition it will gain access to camlipixant, a treatment for refractory chronic cough which is currently in phase III development. Accretion to adjusted earnings per share from the acquisition is expected to occur from 2027. It has the potential to deliver significant sales through 2031 and beyond, according to GSK. Dow Jones & Co. owns Factiva. (cecilia.butini@wsj.com)

 

(END) Dow Jones Newswires

April 18, 2023 06:15 ET (10:15 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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