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 Industry Insight

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Bristol-Myers to pay $2.5 billion for Inhibitex

Category: Biosciences | Posted: 1/9/2012 | Views: 90
Bristol-Myers Squibb has agreed to pay about $2.5 billion in cash to acquire Inhibitex, the New York Times reports. Inhibitex makes a treatment for hepatitis C. The move comes as large pharmaceutical makers such as Bristol-Myers are looking to boost their offerings with more profitable specialty products.
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