United Therapeutics signs a deal with Arena

United Therapeutics signs an agreement with Arena in a deal worth $1.2 billion. It will pay $800 million as upfront payment to Arena and $400 million as potential milestone payments. This is what exactly Arena investors have been looking for. This will be a win-win deal for both the companies.

https://news.alphastreet.com/arena-pharmaceuticals-arna-stock-soars-on-agreement-with-united-therapeutics-uthr/