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bristol-myers squibb said it will buy diabetes drug maker amylin in a $7 billion deal that will intensify the competition to treat the growing number of people afflicted with the disease .
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pharmaceutical giant bristol-myers squibb announced it will purchase diabetes drug maker amylin pharmaceuticals , inc t for about $7 billion.under the deal , unanimously approved by the boards of directors of both companies , bristol-myers squibb will pay $31 in cash per amylin share and assume amylin's debt and a contractual payment obligation totaling about $1.7 billion , the announcement said.the overall coast of the acquisition will be approximately $7 billion , it said .
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pharmaceutical giant bristol-myers squibb announced it will purchase diabetes drug maker amylin pharmaceuticals , inc t for about $7 billion.under the deal , unanimously approved by the boards of directors of both companies , bristol-myers squibb will pay $31 in cash per amylin share and assume amylin's debt and a contractual payment obligation totaling about $1.7 billion , the announcement said.the overall coast of the acquisition will be approximately $7 billion , it said .
bristol-myers squibb said it will buy diabetes drug maker amylin in a $7 billion deal that will intensify the competition to treat the growing number of people afflicted with the disease .
Generated 2012-7-2_3:16
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