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Sanofi penned a deal to buy Translate Bio Inc. for $3.2 billion.
The company intends to use the purchase to expand into messenger-RNA development.
Sanofi is getting a potential bargain “in a very hot therapeutic area,” said Wimal Kapadia, an analyst at Bernstein.
Read more from Bloomberg.
Taking shape on 3.5 acres just east of State Highway H/Glenstone Avenue in the area of Valley Water Mill Park are the Fulbright Heights Apartments – three 23,000-square-foot buildings with 24 units each for a total of 72 one- and two-bedroom apartments.