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发帖数: 980 | 1 NEW YORK - Drug developer Eli Lilly and Co. will buy SGX Pharmaceuticals for
about $64 million in cash in an effort to expand its drug discovery efforts
, the companies said Tuesday.
Indianapolis-based Eli Lilly (nyse: LLY - news - people ) will pay $3 per
share for the San Diego-based biotech company, marking a premium of more
than double SGX's closing price of $1.37 Tuesday. The companies have been
collaborating since 2003 and the deal will now allow Eli Lilly to expand its
biotechnology devel |
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