Lilly To Acquire Cialis Partner ICOS for $2.1 Billion (SeekingAlpha via Yahoo! Finance)

Source: Yahoo! News

Date: 2006-10-18 10:32:12

Lilly To Acquire Cialis Partner ICOS for $2.1 Billion (SeekingAlpha via Yahoo! Finance)

... st 90 days for its partner in the impotence drug, Cialis. Lilly CEO Sidney Taurel is confident that the move will be a "significant addition to sales in 2007," and will spur earnings growth. Lilly will own 100% of Cialis, whose sales increased by 34% this year.Related links: 'Obvious' Buyout: Lilly Paying $2.1B For Cialis Partner ICOS • Viagra Vs. CialisCialis plots $100 million marketing blitz; Lilly and Icos to focus on drug's 36-hour effectsPotentially impacted stocks and ETFs: Eli Lilly (NYSE: LLY - News), Icos (NASDAQ: ICOS - News) • Co ...

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