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Holiday Gift From Big Pharma

Mondays Wall Street Journal featured the news of pharmaceutical giant Pfizer acquiring Midwest biotech company Esperion Therapeutics for $1.3 billion.

Esperion, which is based in Ann Arbor, Mich., develops cardiovascular medicine that may be useful for the treatment of the heart disease atherosclerosis. Remember that Pfizer has......

Full article >>> om/" target="blank">Genitope (cancer vaccines) are trading below the initial IPO price. As a group, the first seven are down 16 percent since their offerings.

Eyetech Pharmaceuticals was queued up for close to a $150 million IPO. Though Eyetech has a deal with Pfizer valued up to $745 million for its macular degeneration product......

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'"/> By Michael Rosen 12/22/03

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