Dyax Announces Cancellation Of Research And Development Day

BURLINGTON, Mass.--(BUSINESS WIRE)--Dyax Corp. (NASDAQ:DYAX) announced today the cancellation of its previously scheduled Research and Development (R&D) Day, which was set to take place on Monday, November 2, 2015, in New York City.

In a news release issued separately today, Dyax announced that it has entered into a definitive merger agreement with Shire plc (LSE: SHP, NASDAQ: SHPG), under which Shire will acquire all outstanding shares of Dyax. The Company is cancelling R&D Day and its review of third quarter 2015 financial results in light of the announced agreement with Shire.

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