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Highlights

A collection of news and information related to Biogen Idec Incorporated published by this site and its partners.

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    May 20, 2013 |Story| Reuters
  1. Royalty raises Elan bid, issues ultimatum to shareholders

    Reuters
    DUBLIN/NEW YORK (Reuters) - Royalty Pharma raised its hostile bid for Elan to $12.50 per share and threatened to withdraw the bid if Elan shareholders approve a series of defensive transactions announced by the Irish drug firm. Royalty Pharma, which buys...

    Tags: Economy, Business and Finance, Stock Activities, Elan Corporation Plc, Companies and Corporations, Buyback

  2. May 20, 2013 |Story| Reuters
  3. Wall Street ends near flat; correction worry rises

    NEW YORK (Reuters) - U.S. stocks ended little changed on Monday with indexes hovering near record levels as concerns about a correction cut earlier gains that were boosted by acquisition activities.
    Reuters
    NEW YORK (Reuters) - U.S. stocks ended little changed on Monday with indexes hovering near record levels as concerns about a correction cut earlier gains that were boosted by acquisition activities. Based on the latest available data, the Dow Jones...

    Tags: Raymond James Financial Incorporated, U.S. Department of Energy, Berkshire Hathaway Inc., Elan Corporation Plc, Book

  4. May 20, 2013 |Story| Reuters
  5. Royalty Pharma ups offer for Elan to $12.50/shr

    Reuters
    LONDON, May 20 (Reuters) - U.S. investor Royalty Pharma raised its offer to $12.50 per share for Irish drugmaker Elan on Monday, representing a premium of 45 percent to Elan's enterprise value, it said. The company said it was offering $4.6 billion for...

    Tags: Elan Corporation Plc, Theravance Incorporated

  6. May 20, 2013 |Story| Reuters
  7. XenoPort to drop multiple sclerosis drug, shares fall

    Reuters
    (Reuters) - XenoPort Inc said it would stop development of an experimental multiple sclerosis treatment it planned to launch in 2015 after a late-stage trial failed to show significant improvement over a placebo. Shares of the company fell 26 percent...

    Tags: Stock Market, Placebo, Stock Activities, Acorda Therapeutics Incorporated, Environmental Issues

  8. May 17, 2013 |Story| Reuters
  9. U.S. RESEARCH ROUNDUP: Visa, Wal-Mart, Biogen Idec, Walt Disney

    Reuters
    May 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Macy's and Biogen Idec on Friday. HIGHLIGHTS * Aruba Networks : FBN, JP Morgan, Needham, Wedbush, Wells Fargo cut rating *...

    Tags: Interior Policy, GameStop, Aerospace Manufacturing, Politics, Lowe's Companies Inc.

  10. May 16, 2013 |Story| Reuters
  11. CORRECTED-Data show new Roche leukemia drug may improve on Rituxan

    Reuters
    (Corrects paragraph 12 to show Biogen has stake in new drug) By Bill Berkrot May 15 (Reuters) - An experimental leukemia treatment that Roche Holding AG hopes will improve upon its best-selling cancer drug Rituxan delayed disease progression twice as...

    Tags: Biotechnology, Cancer, Oncology, Health Treatments, Diseases and Illnesses

  12. May 15, 2013 |Story| Reuters
  13. Elan says Royalty wanted to take it private before Tysabri deal

    Reuters
    DUBLIN, May 15 (Reuters) - Royalty Pharma last year urged Elan to hold off on a multi-billion dollar drug deal until it had taken the Irish drugmaker private to boost the compensation the firms' executives would receive, Elan said on Wednesday. Royalty...

    Tags: Economy, Business and Finance, Companies and Corporations, Elan Corporation Plc, CEO Pay, GlaxoSmithKline PLC

  14. May 13, 2013 |Story| Reuters
  15. Elan alcanza acuerdo por regalías de 1.000 mln dlrs con Theravance

    Reuters
    Por Padraic Halpin DUBLIN (Reuters) - Elan intensificó el lunes su intento por mantener su independencia al alcanzar un acuerdo de 1.000 millones de dólares para comprar el 21 por ciento de las regalías que la firma estadounidense Theravance recibe de...

    Tags: Elan Corporation Plc, GlaxoSmithKline PLC, Theravance Incorporated

  16. May 13, 2013 |Story| Reuters
  17. Elan's $1 billion drug royalty deal aids bid defense

    Reuters
    DUBLIN (Reuters) - Irish drugmaker Elan Corporation has agreed a $1 billion royalties deal that could soothe concerns about its potentially risky acquisition strategy and fend off a takeover bid from Royalty Pharma. Elan, battling to keep its...

    Tags: Economy, Business and Finance, Companies and Corporations, Elan Corporation Plc, COPD, Asthma

  18. May 12, 2013 |Story| Reuters
  19. UPDATE 1-Elan strikes $1 bln royalty deal with Theravance

    Reuters
    * Elan to acquire newly approved Breo as part of $1 bln deal * Irish drugmaker to announce further deals in due course * Looks to outmanoeuvre Royalty with second shareholder dividend By Padraic Halpin DUBLIN, May 13 (Reuters) - Elan stepped up its...

    Tags: Multiple Sclerosis, Elan Corporation Plc, COPD, Food and Drug Administration, Asthma

  20. May 9, 2013 |Story| Reuters
  21. U.S. RESEARCH ROUNDUP: Yahoo, News Corp, Rackspace, Groupon, LivePerson

    Reuters
    May 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Yahoo and News Corp, on Thursday. HIGHLIGHTS * Yahoo : Raymond James raises price target to $30 from $27; rating outperform...

    Tags: OraSure Technologies, Inc., PhotoMedex Incorporated, Aerospace Manufacturing, Federal Realty Investment Trust, Rackspace, US Inc.

  22. May 8, 2013 |Story| Reuters
  23. REUTERS SUMMIT-Faster drug approvals a tonic for pharma industry

    Reuters
    (For other news from Reuters Health Summit, click on http://www.reuters.com/summit/Health13) By Ben Hirschler NEW YORK, May 8 (Reuters) - A pickup in new drug approvals, the promise of faster regulatory decisions and more targeted medicines have...

    Tags: Breast Cancer, Diabetes, Diseases and Illnesses, Drugs and Medicines, Pfizer Inc.

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