There were more signs of a rekindling of dealmaking activity in the biopharmaceutical industry this morning.
Just when little old Betaville thought the dealmaking frenzy in US-listed biotechnology stocks was slowing down GlaxoSmithKline pops up with a $1.9 billion takeover of Rapt Therapeutics, a developer therapies for patients living with food allergies and inflammatory diseases.
Chums at The Times dedicate a double page spread in today's business section to a piece about a quite scintillating deal rumour: a possible £300 billion tie up of AstraZeneca and GlaxoSmithKline.
Getting deals done in biopharmaceutical industry has been tough over the last few months but today FTSE 100-listed giant GlaxoSmithKline announced the $2 billion acquisition of Boston Pharmaceutical's lead asset, efimosfermin alfa.
Dominic "Dom" Walsh is at it again.