News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

AstraZeneca PLC (AZN), Pfizer Inc. (PFE), Novartis (NVS) Among Suitors for Onyx Pharmaceuticals, Inc. (ONXX)


7/23/2013 11:00:04 AM

Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

AstraZeneca Plc (AZN), Pfizer Inc. and Novartis AG (NOVN) are among the suitors preparing bids for Onyx Pharmaceuticals Inc. (ONXX), the drugmaker that snubbed an unsolicited offer from Amgen (AMGN) Inc., said two people familiar with the matter. The companies, which signed confidentiality agreements and hired advisers, may make first-round bids this week, according to the people, who asked not to be named because the process is private. Onyx disclosed last month that it’s working with advisers on finding bidders following its rejection of Amgen’s bid of $120 a share.

Help employers find you! Check out all the jobs and post your resume.

Read at Bloomberg

comments powered by Disqus
Bloomberg
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES