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Saturday, November 21, 2009 7:36 AM

Published 07/03/2009 by FT Alphaville


J&J to buy stake in Ireland’s Elan

Johnson & Johnson on Thursday said it will buy an 18.4% stake in Irish biotech company Elan, in a $1.5bn bid to crack the elusive but potentially lucrative market for Alzheimer's disease treatments, reports the WSJ. The agreement gives J&J access to bapineuzumab, a closely watched...

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