Rumours that Novartis AG was in talks to acquire The Medicines Company were confirmed on 24 November with the announcement of a $9.7bn agreed deal. The acquisition brings it a soon-to-be-filed novel PCSK9 inhibitor that is poised to take on the incumbent drugs on the market with claims of greater convenience, excellent safety and comparable efficacy.
The Swiss major will pay $85.00 per share in cash, representing a premium of about 41% over the 30-day average...








