Acquisition - January 17, 2016
Acorda to buy Biotie for $363 million
The US biotechnology company Acorda Therapeutics announced on Tuesday an agreed $363 million cash bid for all of the shares in Finland’s Biotie Therapies. Acorda said the acquisition would expand its pipeline in Parkinson’s disease therapies. The company will offer 0.294 euros for each Biotie share, a premium of about 95 percent compared with the closing […]