Business
Day One Biopharmaceuticals (DAWN) Stock Surges 66% on Servier’s $2.5 Billion Acquisition Deal
Shares of Day One Biopharmaceuticals Inc. (NASDAQ: DAWN) skyrocketed more than 65% on March 6, 2026, after the company announced a definitive agreement to be acquired by French pharmaceutical group Servier for $21.50 per share in cash, valuing the deal at approximately $2.5 billion in total equity value.

The transaction sent DAWN stock soaring from a previous close of $12.78 to $21.20 at the close of trading, with volume exceeding 78 million shares—far above its average. After-hours trading held steady around $21.20–$21.23, reflecting strong investor enthusiasm for the buyout premium, which represents a substantial uplift from recent trading levels.
Servier, an independent international pharmaceutical company governed by a foundation, described the acquisition as a strategic move to bolster its rare oncology portfolio. The deal centers on Day One’s flagship product, OJEMDA (tovorafenib), the only U.S. Food and Drug Administration-approved monotherapy for pediatric low-grade glioma (pLGG) in patients with specific BRAF alterations.
OJEMDA, an oral, brain-penetrant, selective type II RAF kinase inhibitor, targets relapsed or refractory pLGG in patients six months and older harboring BRAF fusions, rearrangements, or V600 mutations. Approved by the FDA in April 2024 under accelerated approval, the drug has shown rapid commercial traction.
Day One reported preliminary 2025 net product revenue of $155.4 million for OJEMDA, marking 172% year-over-year growth. In its fourth-quarter and full-year 2025 financial results released Feb. 24, 2026, the company posted Q4 net product revenue of $52.8 million and reaffirmed 2026 U.S. net product revenue guidance of $225 million to $250 million.
The acquisition expands Servier’s oncology ambitions, particularly in pediatric and rare cancers with high unmet needs. Servier gains access to OJEMDA and Day One’s broader pipeline, including programs in early to late-stage development targeting adult and pediatric solid tumors.
“Servier’s successful track record in rare cancers and its commitment to advancing targeted therapies makes it the ideal home for our portfolio,” Day One CEO Jeremy Bender said in the announcement. “Joining Servier represents a unique opportunity to extend the reach of our science and our lead program in pediatric low-grade glioma.”
The deal follows Day One’s January 2026 acquisition of Mersana Therapeutics, which added Emiltatug ledadotin (Emi-Le), a B7-H4-targeted antibody-drug conjugate (ADC) in Phase 1 for adenoid cystic carcinoma and other solid tumors. Updated Phase 1 data for Emi-Le is expected mid-2026.
Day One’s pipeline also includes DAY301, a PTK7-targeted ADC in Phase 1 dose escalation for locally advanced or metastatic solid tumors, with initial data anticipated in the second half of 2026.
The FIREFLY-1 pivotal Phase 2 trial supported OJEMDA’s approval, while the FIREFLY-2 Phase 3 study in frontline pLGG completed enrollment in early 2026, with results expected to support potential label expansion.
Regulatory momentum continues internationally. In late February 2026, the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) issued a positive opinion for conditional marketing authorization of OJEMDA in relapsed or refractory BRAF-altered pLGG, under Day One’s ex-U.S. licensing agreement with Ipsen Pharma SAS.
The Servier acquisition is subject to customary closing conditions, including regulatory approvals and tender offer completion, with an expected close in the second quarter of 2026. Servier plans a tender offer for all outstanding shares.
Analysts had previously viewed Day One favorably, with consensus price targets around $23–$26 before the deal, implying significant upside. The buyout premium aligns with those expectations while providing certainty amid biotech sector volatility.
Some investor alerts emerged post-announcement, with firms like Kahn Swick & Foti and Halper Sadeh investigating the adequacy of the price and process for shareholders. Such reviews are common in public company acquisitions but do not necessarily indicate issues.
Day One, founded with a focus on disrupting traditional drug development for pediatric and young adult cancers, has built a commercial-stage profile rapidly since OJEMDA’s launch. The company’s emphasis on targeted therapies for life-threatening diseases, particularly in underserved populations, attracted Servier’s interest.
For investors, the deal caps a strong run for DAWN, which has delivered triple-digit year-to-date returns in 2026 amid pipeline progress and revenue growth. The stock’s 52-week range spanned $5.64 to $21.23, with the acquisition pushing it to new highs.
As the transaction advances, attention turns to integration, potential synergies in Servier’s oncology efforts, and continued momentum for OJEMDA’s global rollout. The buyout underscores ongoing consolidation in rare oncology, where targeted therapies command premiums for their precision and impact on small patient populations.
Day One’s journey from clinical development to commercial success—and now acquisition—highlights the value of focused innovation in pediatric oncology. Shareholders await confirmation of the deal’s close, while the broader biotech market watches for ripple effects on similar rare-disease players.
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Global Rankings Guide Students Worldwide
Demand for artificial intelligence education has surged in 2026 as industries from healthcare to autonomous vehicles seek talent skilled in machine learning, robotics, ethics and large language models. Leading global rankings from QS, Times Higher Education and specialized sources highlight institutions excelling in AI-related computer science, data science and dedicated AI programs.

The QS World University Rankings by Subject 2026 for Data Science and Artificial Intelligence place Massachusetts Institute of Technology at the top with a near-perfect score, followed closely by Stanford University and National University of Singapore. Carnegie Mellon University, long a pioneer in robotics and AI, consistently ranks among the elite across multiple lists. Times Higher Education’s 2026 Computer Science rankings, which heavily weigh AI and machine learning components, crown University of Oxford as the global leader, with strong showings from Cambridge, ETH Zurich and U.S. powerhouses.
A composite ranking of the 50 best universities for studying AI in 2026 draws from QS Data Science & AI, QS Computer Science, THE Computer Science, US News graduate AI programs and research output metrics. These institutions offer undergraduate, master’s and doctoral pathways emphasizing hands-on research, industry partnerships and ethical AI development. Many provide specialized degrees such as Master of Science in Artificial Intelligence or dedicated tracks within computer science.
Here is the list of the top 50 universities for AI studies in 2026, ranked by overall strength in research output, faculty expertise, industry connections and program reputation:
- Massachusetts Institute of Technology (MIT), United States — Renowned for its Computer Science and Artificial Intelligence Laboratory (CSAIL), MIT offers cutting-edge programs in machine learning, robotics and AI ethics. Students benefit from close ties to industry leaders and groundbreaking research.
- Stanford University, United States — Located in Silicon Valley, Stanford’s AI Lab and interdisciplinary initiatives provide unmatched access to tech giants. Programs emphasize real-world applications and entrepreneurship.
- Carnegie Mellon University, United States — A historic leader in AI with the School of Computer Science and dedicated Robotics Institute. CMU excels in autonomous systems, human-AI interaction and machine learning theory.
- University of Oxford, United Kingdom — Tops THE Computer Science rankings with strong AI research across departments. Oxford’s programs blend technical depth with philosophical and ethical considerations.
- National University of Singapore (NUS), Singapore — Asia’s top AI hub, offering robust data science and AI curricula with strong government and industry funding.
- Nanyang Technological University (NTU), Singapore — Excels in AI research output and practical applications, with excellent facilities and international collaborations.
- University of Cambridge, United Kingdom — Features world-class AI research and interdisciplinary centers, attracting top global talent.
- ETH Zurich, Switzerland — Known for rigorous technical programs and innovation in machine learning and robotics.
- University of California, Berkeley, United States — Home to the Berkeley AI Research Lab (BAIR), with strengths in deep learning and societal impact studies.
- Tsinghua University, China — Leads in AI research volume and engineering applications, with close industry links to companies like Baidu and Huawei.
- Harvard University, United States — Offers interdisciplinary AI programs through its John A. Paulson School of Engineering and Applied Sciences.
- University College London (UCL), United Kingdom — Strong in machine learning and AI for healthcare and urban systems.
- Imperial College London, United Kingdom — Focuses on AI-driven engineering and data science innovation.
- University of Toronto, Canada — Home to the Vector Institute, a major AI research powerhouse.
- Georgia Institute of Technology, United States — Renowned for its AI and machine learning master’s programs and robotics research.
- University of Washington, United States — Features the Allen School with significant AI and NLP contributions.
- Technical University of Munich, Germany — Strong European leader in AI engineering and autonomous systems.
- University of Illinois Urbana-Champaign, United States — Excellent computer science department with AI specializations.
- Princeton University, United States — Combines theoretical computer science with applied AI research.
- Cornell University, United States — Offers robust AI programs with emphasis on human-centered design.
- University of Edinburgh, United Kingdom — Scotland’s AI capital with the Informatics Forum driving innovation.
- Peking University, China — Rising fast in AI research and talent development.
- Shanghai Jiao Tong University, China — Strong engineering and AI research output.
- University of Michigan, United States — Multidisciplinary AI initiatives across engineering and information schools.
- New York University, United States — Center for Data Science and AI ethics programs stand out.
- University of Texas at Austin, United States — Growing AI research hub with strong industry partnerships.
- École Polytechnique Fédérale de Lausanne (EPFL), Switzerland — Excellent technical AI and robotics programs.
- University of Amsterdam, Netherlands — Leading European center for AI and computational science.
- Delft University of Technology, Netherlands — Focuses on AI for engineering and sustainability.
- University of British Columbia, Canada — Strong AI research in computer science and health applications.
- Zhejiang University, China — Major player in AI and data science with large research funding.
- University of Science and Technology of China, China — Excels in foundational AI and quantum-related computing.
- Sorbonne University, France — Strong in AI theory and applications.
- University of Melbourne, Australia — Leading Oceania institution for AI and data science.
- Monash University, Australia — Growing strengths in AI ethics and applications.
- Korea Advanced Institute of Science and Technology (KAIST), South Korea — Top Asian tech university with robust AI programs.
- Seoul National University, South Korea — Significant AI research contributions.
- University of Sydney, Australia — Offers comprehensive AI and machine learning degrees.
- RWTH Aachen University, Germany — Engineering-focused AI excellence.
- KTH Royal Institute of Technology, Sweden — Strong Nordic leader in AI and robotics.
- University of Waterloo, Canada — Known for co-op programs and AI innovation.
- McGill University, Canada — Interdisciplinary AI research hub.
- University of Copenhagen, Denmark — Rising in European AI rankings.
- Ludwig Maximilian University of Munich, Germany — Solid AI and data science offerings.
- University of Tokyo, Japan — Japan’s premier institution for AI and robotics.
- Kyoto University, Japan — Strong theoretical and applied AI research.
- Indian Institute of Technology Bombay, India — Leading Indian tech institute with growing AI focus.
- National Taiwan University, Taiwan — Strong engineering and AI programs.
- University of Hong Kong, Hong Kong — Asia’s international AI education leader.
- Mohamed bin Zayed University of Artificial Intelligence, United Arab Emirates — Specialized AI university with dedicated focus and strong research output.
These rankings reflect a blend of academic reputation, research citations, employer feedback and program innovation as reported in 2025-2026 data. U.S. institutions continue to dominate due to funding, industry proximity and historical leadership, but Asian and European universities are closing the gap rapidly through targeted investments and talent attraction.
Prospective students should consider factors beyond rankings, including specific faculty expertise, research opportunities, internship access, cost of living and visa policies. Many top programs offer scholarships for international applicants in AI fields.
With AI projected to add trillions to the global economy, graduates from these institutions command high starting salaries and career prospects. Universities on this list often partner with companies such as Google, OpenAI, NVIDIA, Microsoft and DeepMind, providing pathways to cutting-edge roles.
For undergraduate applicants, strong mathematics, programming and statistics backgrounds are essential. Master’s and PhD programs typically require relevant bachelor’s degrees, research experience and competitive GRE or equivalent scores in some cases.
The rapid evolution of AI means curricula at these schools emphasize lifelong learning, ethical considerations and interdisciplinary skills. Programs increasingly incorporate responsible AI, bias mitigation and societal impact alongside technical training.
International students should verify English proficiency requirements (TOEFL/IELTS) and explore funding options early. Application deadlines for fall 2027 intake typically fall between December 2026 and March 2027 for competitive programs.
As AI reshapes industries, the institutions listed offer pathways to shape that future. Students are advised to visit university websites, attend virtual open houses and connect with current students for the latest program details.
The 2026 landscape shows a healthy global distribution, with strong representation from North America, Europe and Asia, ensuring diverse perspectives in AI development.
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Oil prices rise as US-Israeli war with Iran continues to disrupt supply
Brent crude futures rose $1.71, or 1.6%, to $110.74 a barrel by 0057 GMT. U.S. West Texas Intermediate crude futures gained $0.71, or 0.6%, to trade at $112.25 per barrel.
On Thursday, the last trading day before the Good Friday holiday break, WTI settled up more than 11% and Brent soared nearly 8% in volatile trading, recording their biggest absolute price increase since 2020, as U.S. President Donald Trump promised to continue attacks on Iran.
The Strait of Hormuz, which carries oil and petroleum products from Iraq, Saudi Arabia, Qatar, Kuwait and the United Arab Emirates, remains largely closed by Iranian attacks on shipping after the war began on February 28.
Because of the Middle East supply disruptions, refiners are seeking alternative sources for crude, particularly for physical cargoes in the U.S. and the UK North Sea.
“Global buyers are bidding aggressively for (U.S.) Gulf Coast barrels and Brent is rallying even faster,” the Schork Group said in a client note on Monday.
On Sunday, Trump ratcheted up pressure on Tehran, threatening in an expletive-laden Easter Sunday social media post to target Iran’s power plants and bridges on Tuesday if the strategic Strait of Hormuz is not reopened. Still, some vessels, including an Omani-operated tanker, a French-owned container ship and a Japanese-owned gas carrier, crossed the Strait of Hormuz since Thursday, shipping data showed, reflecting Iran’s policy to allow passage for vessels from countries it deems friendly.
The war threatens to linger on as Iran has officially told mediators it is not prepared to meet with U.S. officials in the Pakistani capital Islamabad in coming days and efforts to produce a ceasefire have reached a dead end, the Wall Street Journal reported on Friday.
On Sunday, OPEC+, consisting of some members of the Organization of the Petroleum Exporting Countries and allies such as Russia, agreed to a modest rise of 206,000 barrels per day for May.
However, that decision will largely exist on paper as several of the group’s key producers are unable to raise output due to the war.
Russian supply has been disrupted recently by Ukrainian drone attacks on its Baltic Sea export terminal. Media reports on Sunday said its Ust-Luga terminal resumed loadings on Saturday after days of disruptions.
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Oil back above $110 after expletive-laden Trump threat to Iran
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