Latest Corporate News
D-Wave Quantum Agrees to Acquire Quantum Circuits for $550 Million
D-Wave Quantum Inc. announced a merger agreement to acquire Quantum Circuits Inc. for $550 million in stock and cash, combining annealing and gate-model quantum technologies. The deal aims to launch commercial gate-model systems in 2026 and is expected to close in late January pending approvals. It strengthens D-Wave's leadership in superconducting quantum computing with Quantum Circuits' error-detection tech.
Merck Completes Acquisition of Cidara Therapeutics
Merck finalized its cash tender offer for Cidara Therapeutics at $221.50 per share, with the merger completing today making Cidara a wholly owned subsidiary. The deal will result in a $9.0 billion R&D expense charge in 2026, impacting earnings by $3.65 per share. Cidara's stock will cease trading on Nasdaq post-merger.
Amgen Acquires Dark Blue Therapeutics for $840 Million
Amgen kicked off 2026 with the $840 million acquisition of Dark Blue Therapeutics to enhance its oncology and metabolic pipelines amid pharma's M&A frenzy. This bolt-on deal addresses patent cliffs and IRA pressures, with analysts eyeing $3.9 trillion in global healthcare deals.
Viking Therapeutics emerges as a top target in obesity space.
Pharma M&A Outlook: Obesity and HIV Drive Mega-Deals in 2026
Big Pharma's acquisition spree targets obesity drugs, with Viking Therapeutics and Structure Therapeutics as prime candidates amid $3.9 trillion deal flow projection. Patent cliffs and IRA impacts fuel mega-mergers between top firms.
Pfizer integrates recent $4.9B Metsera buy for obesity entry.