News Focus
News Focus
Post# of 257442
Next 10
Followers 843
Posts 122884
Boards Moderated 9
Alias Born 09/05/2002

Re: ghmm post# 156544

Wednesday, 02/06/2013 1:06:04 PM

Wednesday, February 06, 2013 1:06:04 PM

Post# of 257442

BIIB/ELN—I don't recall seeing such a big upfront payment in a buyout of a drug before granted its a very high revenue drug.

Well, it’s not a direct comparable but PFE paid $90B to acquire Warner-Lambert for essentially one drug: Lipitor.

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

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today