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ICOS accepts Lilly's sweetened takeover offer
- Source :
- Wall Street Journal. Europe. Dec 19, 2006, A12
- Publication Year :
- 2006
-
Abstract
- Eli Lilly and Co. of the United State is to acquire ICOS Corp. also of the United States for $2.3 billion or $34 per share. ICOS Corp. and Eli Lilly and Co. through a joint venture are marketing the erectile-dysfunction drug Cialis. Projected sales for the drug are $965 million in 2006.
- Subjects :
- Eli Lilly and Co. -- Mergers, acquisitions and divestments
ICOS Corp. -- Mergers, acquisitions and divestments
Biotechnology industry -- Mergers, acquisitions and divestments
Pharmaceutical industry -- Mergers, acquisitions and divestments
Company acquisition/merger
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.156049027