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4/11 Big Biotech Deal; Takeda Gets Velcade
Takeda Pays $8.8 Billion for Millennium Pharmaceuticals ... The $25–a–share deal represented a 53 percent premium to Millennium’s closing price on Wednesday and set off speculation that other biotechnology companies might be acquired at high valuations, particularly by foreign companies ... [ NY Times ]
See also>
Takeda Faces Generic Threat Even With Millenium Buy [ Bloomberg ]
http://www.nytimes.com/2008/04/10/business/worldbusiness/10cnd-drug.html?_r=1&ref=health&oref=slogin
 
An international team of scientists has shed new light on how a mutation in a protein causes acute myeloid leukaemia (AML), a type of blood cancer. The findings have implications for our understandin read more
 
Possible Fudged data, and shielding from lawsuits read more
 
 
 
 
 
 




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