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Pharma Thriller: ImClone’s Secret Suitor Remains Cloaked In Mystery

This article was originally published in The Pink Sheet Daily

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Executive Summary

Eli Lilly is rumored to be the admirer, offering $70 per share to outbid rival Bristol-Myers Squibb.

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Lilly Snatches ImClone Away From Bristol

Lilly’s $6.5 billion acquisition of ImClone will create an oncology “powerhouse” with 18 cancer drugs in clinical development.

Lilly Snatches ImClone Away From Bristol

Lilly’s $6.5 billion acquisition of ImClone will create an oncology “powerhouse” with 18 cancer drugs in clinical development.

ImClone Tussles With Another Partner, Merck KGaA

Merck KGaA seeks more than $18 million in damages, alleging ImClone licensed rights to Erbitux patents it did not own.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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