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Replies to #66863 on Biotech Values
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masterlongevity

10/02/08 8:04 PM

#66903 RE: pharmaclown35 #66863

i think erbitux is a stellar drug. why would you state otherwise?
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DewDiligence

10/06/08 1:19 AM

#67030 RE: pharmaclown35 #66863

>anyone have any thoughts on whether Bristol will sweeten its offer?<

IMCL agreed to a “no shop” clause as part of the deal with LLY. Thus, the only way BMY or another company can beat LLY’s offer is to go hostile and launch a tender offer for more than $70/sh.