Shares dip as it emerges there are no active talks on what would be politically sensitive deal
Pharma company expects disruption to peak in second quarter
Bristol-Myers Squibb’s acquisition of Celgene goes ahead after Amgen pays €13.4bn for drug
Deal would cover former blockbuster brands like Lipitor and Viagra, both made in Ireland
Company desperate to fill gap for its blockbuster arthritis drug Humira which loses patent protection in 2023
Investors hedge bets ahead of expected US-China trade talks on sidelines of G20
The Iseq all-share index rose just under 1.5%, buoyed by stocks with building exposure
Iseq rose 0.76%, buoyed by financials and CRH, outperforming peers
The move to buy Loxo Oncology is the second multibillion-dollar cancer deal of the year by a major US pharma giant
Iseq falls on thin trading volumes though Kerry Group ahead by 2.4 per cent
Transaction will be one of largest in history of pharma sector
Life-sciences company recently acquired rights to breakthrough drug
Buyer is surgeon turned biotech billionaire Patrick Soon-Shiong
New lower income-tax rate encourages US companies to repatriate billions of dollars in foreign profits held abroad
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