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GSK to Buy Asthma Drug Developer Aiolos for Up to $1.4 Billion

GSK Plc agreed to buy the closely held US biotech Aiolos Bio Inc., spending as much as $1.4 billion to gain a promising respiratory medicine. ....

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Obesity-Drug Investors Get Windfall as Roche Joins Frenzy

Carmot Therapeutics Inc. was valued at $1.25 billion in May. Half a year later, the company is selling to Swiss drugmaker Roche Holding AG for more than double that amount, fueled by the frenzied demand for obesity medicines. ....

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