Day three of the biotech dog and pony show saw one pharma company that unequivocally wants and needs to buy.
The company emerges as the worst-performing stock after Europe’s most important cancer conference, which claims numerous other victims.
Deciphera Pharmaceuticals emerges as one of the Asco 2018 winner as Jounce Therapeutics falls on weak data.
Immuno-oncology is one area where Merck & Co could see a challenge from its historic parent company.
Another billion dollar quarter for biotech IPOs signals that investor appetite for high-risk offerings is strong.