After losing out to Sanofi in its pursuit of Belgian biotech Ablynx earlier this week, Novo Nordisk has put a brave face on the disappointment, with CEO Lars Fruergaard Jørgensen saying it ...

Sanofi has leapt in to buy Ablynx for €3.9 billion ($4.85bn) outbidding an offer from Novo Nordisk which the European biotech had declined two weeks ago. For Sanofi, the acquisition comes hot on ...

What is remarkable about the Ablynx offering is not its size per se but its size relative to the volume of share dealing. In the US last year, companies like Dendreon, Vertex and Rockville ...