Alzheimer’s Setback and Pharma Stocks
$ELN and $PFE had a setback on their Alzheimer's drug. This article talks about Elan as a takeover candidate.But, I was thinking that drug companies in general are really going after these diseases. Other companies are going after MS, AIDS, cancer, Alzheimer's, etc. I hope they figure it out!Meanwhile, the drugs for cholesterol, high blood pressure, and the like are pretty mature and successful.So these companies need some big wins, right?***
Alzheimer's Setback Makes Elan Takeover Bait to Biogen
BLOOMBERG NEWS | JULY 26, 2012
http://pulse.me/s/bD378
Bad news for Elan Corp. (ELN)'s Alzheimer's drug is turning into good news for Biogen Idec Inc.'s takeover options. Elan sank 15 percent, the most s... Read more
--
Sent via Pulse
BLOOMBERG NEWS | JULY 26, 2012
http://pulse.me/s/bD378
Bad news for Elan Corp. (ELN)'s Alzheimer's drug is turning into good news for Biogen Idec Inc.'s takeover options. Elan sank 15 percent, the most s... Read more
--
Sent via Pulse