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Byetta In The News

ImClone acquisition closes; Fitch's downgrades Lilly

INDIANAPOLIS Eli Lilly and Co. said Monday it has completed its $6 billion acquisition of ImClone Systems, the biggest buyout in the drug maker's 132-year history. In response, Fitch's Rating Service downgraded Lilly's issuer default rating from A-plus to AA, citing the debt Lilly needs for the acquisition. On Friday, when Lilly bought about 85.4 million shares of New York-based ImClone at $70 ...

Insulin giant Novo Nordisk has strong cash flow, little debt

Question: Please give an opinion on shares of Novo Nordisk A/S.

Eli Lilly completes ImClone buyout

Drug developer Eli Lilly and Co. said Monday that it has completed its $6 billion acquisition of ImClone Systems Inc. -- the company's biggest buyout in the biotechnology industry.

Efforts target diabetes

The type 2 diabetes epidemic that continues to sweep across the United States has left an estimated 24 million Americans struggling with the disease, up more than 3 million people since 2005. Doctors are trying to reverse the tide in two ways.

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