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Wednesday, 01/18/2017 9:24:03 AM

Wednesday, January 18, 2017 9:24:03 AM

Post# of 251786
LLY to Acquire CoLucid Pharmaceuticals (CLCD) for $960M
http://www.streetinsider.com/dr/news.php?id=12433510&gfv=1

Eli Lilly and Company (NYSE: LLY) and CoLucid Pharmaceuticals, Inc. (Nasdaq: CLCD) today announced an agreement for Lilly to acquire CoLucid for $46.50 per share or approximately $960 million. This all-cash transaction will enhance Lilly’s existing portfolio in pain management for migraine, while adding a potential near-term launch to its late-stage pipeline.

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