Monday 8 December 2014

Merck to take on superbugs with Cubist Pharma buy

(Reuters) - Merck & Co Inc said it would buy Cubist Pharmaceuticals Inc for $8.4 billion plus assumption of debt, giving the major drugmaker an entry into the market for drugs that target so-called superbugs. Merck and British rival AstraZeneca Plc have turned their attention to newer kinds of antibiotics that attack superbugs - strains of bacteria that are resistant to several types of antibiotics - after the 2013 threat report from the U.S. Centers for Disease Control and Prevention. ... via Health News Headlines - Yahoo News Read More Here..

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