When Savvy Dealmaking Borders on Reckless Spending

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Ever since monetizing its stake in multiple sclerosis drug Tysabri, Elan Pharmaceuticals has been at the center of attention. It is seemingly reinventing its business on the fly by making a flurry of deals in the past few days while at the same time being doggedly pursued by Royalty Pharma.

In this video, health-care analyst David Williamson discusses Elan's recent wheeling and dealing and whether it is in the best interests of investors.

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The article When Savvy Dealmaking Borders on Reckless Spending originally appeared on Fool.com.

David Williamson and The Motley Fool have no position in any stocks mentioned. Follow David on Twitter @MotleyDavid Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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