Published 07/02/2009 by TheStreet.com
Elan Shares Rise on J&J Investment
Elan(ELN Quote) shares rose Thursday after health care giant Johnson & Johnson(JNJ Quote) said it was spending $1 billion to acquire a minority stake in the Irish drug maker and take over development of Elan's Alzheimer's disease drugs.
J&J will create a new company, initially...
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