Novartis considers takeover offer for US-based Medicines

Swiss pharma company Novartis is weighing in a bid for New Jersey-based biotechnology firm The Medicines, Bloomberg reported. Novartis declined to comment. However, two sources told Reuters that the pharmaceutical firm is eyeing a $5 billion purchase in the US. Yet, the sources did not identify a target company. The Medicines’ shares jumped 19.6% to […]