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Bristol Myers to purchase Karuna, maker of schizophrenia drug with huge potential

December 22, 2023
Christine Kao/STAT

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STAT+ | Bristol Myers to purchase Karuna, maker of schizophrenia drug, for $14 billion

The centerpiece of the transaction, which values Karuna at $330 per share, is a drug called KarXT to treat schizophrenia.

By Adam Feuerstein



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