PARIS: Maurel & Prom S.A. (“M&P”) announced Monday that it has signed a letter of intent with NG Energy International Corp. (“NG Energy”), a company listed on the TSX Venture Exchange of Toronto, to acquire a 40% operated working interest in the Sinu-9 gas license in Colombia for $150 million, effective February 1, 2025. Olivier…
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GSK enters agreement to acquire IDRx Inc for up to $1.5 billion
LONDON: GSK plc (LSE/NYSE: GSK) and IDRx Inc. have entered into an agreement under which GSK will acquire IDRx, a Boston-based, clinical-stage biopharmaceutical company dedicated to developing precision therapeutics for the treatment of GIST. Under the agreement, GSK will pay $1 billion upfront, with potential for an additional $150 million success-based regulatory approval milestone payment.…