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Why Did Merck Spend $4 Billion on a Tiny Biotech Firm?

2014-06-14 11:42:27| Biotech - Topix.net

Merck & Co. Inc. has had its sights set on conquering the hepatitis C market for a long time now, and the recovering drugmaker is hoping that a small Cambridge, Massachusetts-based biotech company, Idenix Pharmaceuticals, Inc. , can help it move forward in the race to develop a serious competitor to Gilead Sciences' blockbuster treatment, Sovaldi.

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Boeing $7.4 Billion Order Is Biggest Ever From Chinese Airline

2014-06-14 03:08:12| Airlines - Topix.net

Boeing Co. won its biggest order from a Chinese carrier as China Eastern Airlines Corp. agreed to buy 80 737 jets valued at $7.4 billion.

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Chevron sells oil assets in Chad for $1.3 billion

2014-06-13 20:23:13| Energy - Topix.net

The oil and gas company had a 25 percent interest in the properties, which included seven oil fields in Chad's Doba Basin and a pipeline system that transported crude oil to Cameroon's coast and to other facilities.

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Chevron sells oil assets in Chad for $1.3 billion

2014-06-13 20:16:37| Oil & Gas - Topix.net

Chevron sold to Chad its interest in oil producing assets in the Central African nation for about $1.3 billion.

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Intel stuck with $1.45 billion fine in Europe for unfair and damaging practices against AMD

2014-06-13 13:30:17| Extremetech

Intel will be paying the full $1.44B fine it owes the EU after losing its bid to overturn the action.

Tags: fine europe practices intel

 

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