TITLE

Elan beefs up its US bid defences

AUTHOR(S)
James Ashton
PUB. DATE
May 2013
SOURCE
Evening Standard;5/20/2013, p41
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
DRUGMAKER Elan today announced its second major drug deal in days and launched a share buyback scheme as it protects itself from a $5.7 billion (£3.7 billion) bid from Royalty Pharma of the US. The Irish medicine-maker announced a €263.5 million (£223 million) deal to buy Austrian rare drug specialist AOP Orphan and is paying $40 million for a stake in a Dubai pharma firm.
ACCESSION #
87653867

 

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