The Accidental Manager

Langreth, Robert
June 2008
Forbes Asia;6/30/2008, Vol. 4 Issue 12, p73
The article highlights the interest of Carl Icahn on the long-term prosperity of biotech firm ImClone Systems in New York. The author stated that Icahn has been investing in the company since 1999 and owns 13.5% of its stock. In addition, Icahn has stated that Chief Executive John H. Johnson has told him to build the company out and focus on the long term. Moreover , the company needs a drug of its own, thus Johnson plans to speed ImClone's pipeline.


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