J.P. Morgan Healthcare Conference This Week: ARIA

We will publish updates this week from the Conference.

As of 3:45p EST the biotech sector is rallying. The IBB is up 1.6% and the XBI is up 3.5%.

Biotech stocks were helped by the buyout of Ariad Pharmaceuticals (ARIA) by Takeda Pharmaceuticals in a deal worth $5.2B. ARIA stock was up 72.8%.

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