Werner Baumann, Bayer CEO (Malte Ossowski/SVEN SIMON/picture-alliance/dpa/AP Images)

Bay­er drops an Io­n­is-part­nered drug af­ter sink­ing $240M in­to its de­vel­op­ment

Bay­er is punt­ing an Io­n­is Phar­ma­ceu­ti­cals-part­nered drug back to the biotech, giv­ing up on a pro­gram on which it had spent more than $200 mil­lion …

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