Tuesday, June 18, 2013

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Royalty Pharma lets Elan takeover bid expire
MSN Money
(AP) - Royalty Pharma has let its latest takeover bid for Irish drugmaker Elan lapse as it decided against pressing ahead with a court challenge of a requirement that it withdraw the offer. Royalty offered earlier this month to pay $13 per share for ...
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Synergy Pharma rises as analyst starts coverage
Businessweek
NEW YORK (AP) — Shares of drug developer Synergy Pharmaceuticals Inc. traded higher Monday after a Citi Investment Research analyst started covering the stock with a "Buy" rating based on the company's constipation drug candidate plecanatide.
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Valeant Pharma plans $1.75B stock offering
Businessweek
NEW YORK (AP) — Canadian drugmaker Valeant Pharmaceuticals International Inc. said Monday it will sell $1.75 billion in stock to help fund its acquisition of Bausch + Lomb. Valeant did not say how many shares it plans to sell. The company said it ...
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Medivation dips as J&J buys Aragon Pharma
MSN Money
NEW YORK (AP) - Shares of Medivation Inc. fell Monday after health care giant Johnson & Johnson agreed to buy Aragon Pharmaceuticals, a company that is developing a prostate cancer drug that could compete with Medivation's Xtandi. THE SPARK: On ...
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Teva Pharma buying MicroDose Therapeutx for $40M
Businessweek
NEW YORK (AP) — Teva Pharmaceutical Industries Ltd. said Monday that it is buying MicroDose Therapeutx for $40 million to build its pipeline of respiratory products. Teva, based in Israel, is one of the world's largest makers of generic drugs. It also ...
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2 arrested in Maine pharmacy robbery
Boston.com
PORTLAND, Maine (AP) — Two 23-year-old men from Dresden, Maine, have been charged with robbing a Walgreen's pharmacy in Bath. Federal authorities say Nicholas Alexander and Devin Alexander were charged in connection with a Friday incident in ...
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Royalty Pharma lets Elan takeover bid expire - WBOC-TV 16, Delmarvas News ...
WBOC TV 16
AP National News VideoMore>> · To ease shortage of organs, grow them in a lab? To ease shortage of organs, grow them in a lab? As more patients get lab-grown body parts, scientists face challenge of making complex organsMore. As more patients get ...
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