Send to a Friend Share

Eisai to Acquire Global Rights to Four Oncology-Related Products from Ligand Pharmaceuticals (LGND)

September 8, 2006 10:12 AM EDT
LGND Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: +43.6%
Eisai has announced that it signed a product acquisition agreement with Ligand Pharmaceuticals (Nasdaq: LGND) for exclusive global rights for their four oncology-related products, ONTAK, Targretin capsules, Targretin gel 1% and Panretin gel 0.1%.

The transaction is subject to governmental approvals and is expected to close after certain preparation period. Eisai will pay U.S. $205 million for the acquisition, and offer Ligand personnel employment by Eisai Inc

You May Also Be Interested In


Related Categories

Mergers and Acquisitions

Add Your Comment





Follow StreetInsider.com On Twitter