Karuna

Karuna Banerjee would have celebrated her 104th birth anniversary on December 25. Who is Karuna Banerjee? She is the actor who is still identified with Sarbajaya, Apu’s mother in Satyajit Ray’s Pather Panchali and Aparajito. This, despite the fact that she did other notable films, including Kanchenjungha and Devi by Ray himself. Among the very few female actors who were college graduates at the time, she stepped into Ray’s first film after marriage and motherhood. Karuna Banerjee in a scene from Aparajito (1956),…

NEW YORK (AP) — Drugmaker Bristol Myers Squibb is acquiring Karuna Therapeutics, a biopharmaceutical company that has developed a new antipsychotic, in a $14 billion deal. Bristol Myers Squibb and Karuna announced their merger agreement on Friday. The transaction, which amounts to $330 per share in cash, offers a premium of 53% over Karuna’s stock on Thursday. The deal was unanimously approved by both companies’ boards of directors. Karuna’s top asset is KarXT, an experimental antipsychotic with a…

Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share.Karuna's stock popped more than 47% on the news Friday morning, hitting around $317 a share. Bristol Myers Squibb shares rose more than 3%.The deal will help expand Bristol Myers' drug pipeline after competition from a generic offering caused demand for the company's blood cancer drug Revlimid to tumble in its third quarter.The boards of directors at both Bristol Myers and…