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Saturday, November 21, 2009 9:38 AM

Published 07/02/2009 by Reuters: Deals


J&J buys $1 billion stake in Elan, shares soar

LONDON (Reuters) - Johnson & Johnson is take over most of Elan Corp Alzheimer's research and invest $1 billion in new Elan equity in exchange for an 18.4 percent stake in the Irish drugmaker, the companies said on Thursday.

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What others report on the same story

J&J to take $1bn stake in Ireland's Elan
Johnson & Johnson, the US healthcare products group, is to take a $1bn (£600m) minority stake in Elan and commit at least $500m more to help fund development of ... - [07/03/2009 - FT.com - Health]
J&J takes $1bn Elan stake
Johnson & Johnson to buy 18 per cent of Irish-American biotech company. Deal ends months of uncertainty over group's financial stabiltity ... - [07/02/2009 - FT.com - Health]
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 ... - [07/02/2009 - TheStreet.com]
J&J buys $1 billion stake in Elan, shares soar - [07/02/2009 - Reuters: Business News]
TechMARK movers: Elan up on Johnson & Johns... - [07/02/2009 - ShareCast]
J&J takes $1bn Elan stake - [07/02/2009 - FT.com - Companies]
J&J takes $1bn Elan stake - [07/02/2009 - FT.com - Companies US & Canada]
J&J takes $1bn Elan stake - [07/02/2009 - FT.com - Companies, Europe]
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Genetics and Alzheimers Disease [Mefeedia Video Tag : geneti - 07/09/2009]
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