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Archive Home > 2008 > October > 07 > Eli Lilly to buy ImClone for more than $6B

Eli Lilly to buy ImClone for more than $6B


October 7, 2008

INDIANAPOLIS — Eli Lilly & Co. has agreed to spend more than $6 billion to fortify its cancer treatment portfolio by acquiring the biotechnology firm ImClone Systems Inc. in a deal that tops earlier offers from competitor Bristol-Myers Squibb Co. Indianapols-based Lilly announced....

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