Lilly buys out Cialis partner

Source: Health News 4 Men

Date: 2006-10-19 02:54:08

Lilly buys out Cialis partner

... out its partner in the erectile dysfunction drug Cialis for $2.1 billion in an all-cash deal that will likely do little more for the pharmaceutical giant than give its earnings a mild boost.The deal values the Bothell, Wash.-based ICOS at $32 a share, or an 18% premium to its closing price on Monday...Cialis was launched in 2003 and was one of a pair of new entrants challenging Pfizer's Viagra - a drug introduced in 1998 whose very name had become synonymous with the disorder it aimed to treat...Tags: health | health news | sexual health | men ...

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