Did Sanofi Just Bag This Biotech For $1 Billion?
(WorldNews France)

Flexion Therapeutics (FLXN) stock rocketed to an 18-month high Thursday on rumors that it accepted a $1 billion offer from French drugmaker Sanofi (SNY) to acquire it. Shares of Flexion closed up 33.4%, at 26.25, and rose another fraction in after-hours trading. Flexion stock has traded below 25 since September 2015. Sanofi stock,...