Biotech M&A takes off as Sanofi and Celgene spend $20 billion
January 22, 2018 at 10:08 AM EST
LONDON (Reuters) - Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for hemophilia and cancer to their medicine cabinets.