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HALC $84.12 ▲1.8% NVK $42.07 ▼0.6% ALDR $17.55 ▲3.2% MRDN $61.30 ▼2.1% CASS $9.84 ▲0.4% + Select companies

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Mergers & Acquisitions
Meridian Health Sciences → Kestrel Bio
Acquisition · $2.1B · Announced Aug 28 · Expected close Q1 2027
Announced
Halcyon Therapeutics → Aster (co-promote buyout)
Asset buyout · $640M · Rumored
Rumored
Cassia Therapeutics → global rights, casmiplon
Licensing · $95M upfront + milestones · Closed Aug 12
Closed
Novik Pharma → divesting consumer health unit
Divestiture · Valuation TBD · Announced Jul 30
Announced