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Health Care International - Bristol-Myers Loses ImClone but Gains $1 Billion

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Bristol-Myers Loses ImClone but Gains $1 Billion
Avatar Posted by Health-Care-International 6123 days ago View profile
Category: Latest News
Bristol-Myers lost ImClone to a higher bidder. But the deal allows Bristol to cash out of its 17% stake in ImClone for $1 billion, while continuing to receive a large slice of the revenues from ImClone's drug Erbitux.

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