Author: Katrina Megget

Vernalis and Servier reach milestone

France’s largest privately-owned pharmaceutical company, Servier, and UK partner Vernalis have announced the achievement of the first milestone in their oncology drug discovery collaboration.

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Eli Lilly acquires ImClone for $6.5 billion

Eli Lilly is to take over ImClone Systems after the companies ended speculation and agreed a definitive merger deal where drug giant Lilly will pay out $6.5 billion for the biopharmaceutical company – some $70 per share.

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