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georgejjl

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georgejjl

Re: boi568 post# 326315

Tuesday, 08/17/2021 2:31:18 PM

Tuesday, August 17, 2021 2:31:18 PM

Post# of 463512
Do you by chance remember this partnership deal???

July 2, 2009, 12:38 PM
• 2 min read

NEW BRUNSWICK, N.J. -- Johnson & Johnson JNJ said Thursday it will take an 18.4% stake in Ireland-based drug developer Elan UK:ELA with a $1 billion investment.

Johnson & Johnson is also acquiring Elan's stake in its Alzheimer's disease treatment partnership with Wyeth, and rolling it into a new Johnson & Johnson company that will be 49.9% owned by Elan. The partnership develops drugs intended to engage the patient's immune system to fight the brain-destroying disease.

https://abcnews.go.com/Business/story?id=7987347&page=1

Good luck and GOD bless,
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