News Focus
News Focus
Replies to #80362 on Biotech Values
icon url

DewDiligence

07/02/09 11:46 AM

#80370 RE: Dub Narcotic #80362

ELN just gave away ~25% of Bapineuzumb (50% of its 50% share) in return for a cash infusion from JNJ in the form of an equity sale. Great deal for JNJ and a desperation deal for ELN.
icon url

DewDiligence

07/02/09 2:59 PM

#80386 RE: Dub Narcotic #80362

Bapineuzumab scorecard: When the dust settles,
the ownership stakes in this program will be:

PFE 50%
JNJ 25.05%
ELN 24.95%