Elan's AD Drug Down, Not Out: J&J Pledges $1.5B In Venture

Analyst: 'They Have Rolled the Dice' By Catherine Hollingsworth Staff Writer Johnson & Johnson plans to make a whopping $1.5 billion investment in Elan Corp. plc in exchange for a stake in Dublin-based Elan, in a deal that will transfer key Alzheimer's programs, including Phase III bapineuzumab, to ...

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