DUBLIN--(BUSINESS WIRE)--Elan Corporation, plc today reported its third quarter 2009 financial results. Elan CEO Kelly Martin said, “The third quarter of 2009 proved to be a time of significant transformation for Elan. Completion of the Johnson & Johnson transaction and the subsequent refinancing of our balance sheet provide strategic flexibility and financial stability for the company.” He added, “We are now afforded the opportunity to focus on growing Tysabri and EDT businesses, advancing our bioneurology pipeline and investing in unique science while having fundamentally reduced business risk across the enterprise.”
