Eisai Surprise Winner in MGI Auction
Executive Summary
Everyone knew that MGI Pharma was up for sale, but few expected mid-cap Japanese firm Eisai to emerge victorious. Eisai pushed its offer up to $41-per-share, all cash, even though there was only one other, non-definitive, offer on the table. The $3.3 billion deal nabs Eisai two records: the largest foreign acquisition by any Japanese pharma, and the year's largest specialty pharma purchase.
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Best of the Blog: IN VIVO, June 2008
Best of the Blog is a monthly column highlighting the best of our free online content at www.windhover.com/blog. In June and early July, Windhover's editorial staff posted more than seventy articles to the site, covering biopharma, device and diagnostics R&D, business development, regulatory and commercial news. Highlights included our very first "fantasy dealmaking" post as well as our take on PhRMA's new marketing regulations. Here are a few of our favorite blog posts for stories not covered elsewhere in this month's IN VIVO.