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Actelion Adding PAH Power With $420M CoTherix Buyout

By Cormac Sheridan

Wednesday, November 22, 2006
Broadening its footprint in its key market of pulmonary arterial hypertension (PAH), while reducing its dependence on its Tracleer (bosentan) franchise, Actelion Ltd. entered a definitive agreement to acquire CoTherix Inc. for $13.50 per share, or about $420 million. (BioWorld International)

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