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Sweden's SOBI makes $1.7 billion offer to buy CTI BioPharma

COPENHAGEN (Reuters) - Drug maker Swedish Orphan Biovitrum (SOBI) said on Wednesday it had agreed to make a $1.7 billion cash offer to buy CTI BioPharma, a U.S. biopharmaceutical company focused on blood related cancers and rare diseases. | 01:47am ....

Guido Oelkers , Louise Breusch Rasmussen , Terje Solsvik , Muralikumar Anantharaman , Executive Guido Oelkers ,

Why Shares of CTI BioPharma Are Soaring Wednesday

A buyout offer from Swedish Orphan Biovitrum drove up the stock's price. ....

Guido Oelkers , Drug Administration , Swedish Orphan ,