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DewDiligence

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DewDiligence

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Re: DewDiligence post# 67045

Friday, 04/17/2015 11:03:40 AM

Friday, April 17, 2015 11:03:40 AM

Post# of 257242
LLY buys North American rights to Erbitux from BMY:

http://finance.yahoo.com/news/lilly-bristol-myers-squibb-restructure-161500768.html

Financial terms are not disclosed.

LLY acquired ImClone Systems, the developer of Erbitux, for $6.5B in 2008 (#msg-32662830).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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