Biotech Rumor Du Jour


	Biotech Rumor Du Jour

Matthew Herper

3-14-2008 9:04 AM

459 views

Matthew Herper says:

Pfizer-Shire. Not totally crazy, I guess. Still, does Pfizer really want to do such a big deal?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/74d38596-63d1-4b2f-8c44-faf333801b5e/10C3E1DA-6CD4-47A8-9DA0-FF0199531963/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.wsj.com/health/2008/03/14/is-pfizer-casting-attention-on-shire/" href="http://blogs.wsj.com/health/2008/03/14/is-pfizer-casting-attention-on-shire/" style="font-size: 11px;">blogs.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/health/2008/03/14/is-pfizer-casting-attention-on-shire/"><P><IMG align="left" alt="shire_logo" src="http://s.wsj.net/media/shire_art_200_20080314080306.jpg" />Traders in the U.K. think Pfizer might make a play for Shire, a specialty drug maker best known for treatments of ADHD.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/health/2008/03/14/is-pfizer-casting-attention-on-shire/"><P>Shares of <A target="blank" href="http://www.shire.com/shire/Products/index.jsp?tn=4">Shire</A>, the U.K.’s third-largest drug maker, jumped almost 10% at one point in London trading today, Bloomberg <A target="blank" href="http://www.bloomberg.com/apps/news?pid=20601202&sid=afp1KEFRxHbc&refer=healthcare">reports</A>. The enthusiasm for Shire subsided a bit as the day wore on and company shares were up 57 pence, or 6%, to 1,000 pence later. Over here, Shire’s <A target="blank" href="http://www.adrbny.com/dr_edu_landing.jsp?paramUserType=university">ADRs</A> were up $2.81, or about 5% to $60.23 in pre-market trading. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/10C3E1DA-6CD4-47A8-9DA0-FF0199531963/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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