AstraZeneca (AZN.O) to acquire TeneoTwo

TeneoTwo is a hematological cancer product developer focused on developing new drugs for potential B-cell hematological malignancies, including diffuse large B-cell lymphoma and follicular lymphoma. Recently, AstraZeneca (AZN.O) announced that it will acquire TeneoTwo for as much as $1.27 billion to strengthen its blood disease cancer product line. The transaction is expected to close in the third quarter of 2022.

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