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FDAnews Drug Daily Bulletin
Biogen to Acquire Biotech Firm
Feb. 16, 2012
Biogen Idec said it will pay $75 million upfront and as much as $487.5 million in future payments to acquire closely held biotechnology company Stromedix, which is working on a treatment for damaging scar tissue in the lungs and other organs.
The Wall Street Journal
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