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Marketplace Morning Report for Thursday, May 7, 2015

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Airing on Thursday, May 6, 2015: First up, we check the pressure in the global stock market. Alexion—a biotech company with a single drug company— is buying Synageva, a biotech company with a single drug on the market. Yet, they’re two of many biotech companies that are betting on a business in which they develop a drug for a rare disease and charge a ton for it. Next,  voters go to the polls in a general election in Britain today. Inequality has been a key theme of the campaign. It has been getting some traction from one policy in particular: a plan to close a tax loophole. 

 

 

Segments From this episode

Voters head to the polls in Britain today

by Stephen Beard May 7, 2015
What impact does the economy has on the outcome of this day?

Young money: how kids start their startups

by Luke Quinton May 7, 2015
They conceive, plan and pitch in just three days.

One rare-disease biotech company buys another

by Gigi Douban May 7, 2015
Alexion, which has one drug on the market, is purchasing Synageva, which has none.
Mid-day Update

PODCAST: Big merger in the pharmaceutical industry

by Marketplace Contributor May 7, 2015
Drug company acquisition and inequality in the British election

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