Are These 2 Biotechs About to Be Bought?
This video is part of our "Motley Fool Conversations" series, in which health-care editor/analyst David Williamson discusses topics across the investing world.
In this video, David takes a closer look at two biotechs considered takeover targets. In fact, Amylin recently rebuffed an offer from Bristol-Myers Squibb. Will the large pharma come back with a stronger offer or will another player emerge from the shadows with a deal Amylin can't refuse? Meanwhile, Amarin recieved a patent for its cholesterol-fighting fish-oil-based drug AMR-101, which is pending FDA approval after two successful phase 3 trials. With patent protection in hand and potentially an approval on its way, will a deep-pocketed player with a thin pipeline step up to the plate, or will Amarin attempt to go it alone? Watch and find out.
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At the time this article was published David Williamson owns shares of Amarin plc (ADR). The Motley Fool owns shares of GlaxoSmithKline.Motley Fool newsletter services recommendGlaxoSmithKline. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.