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Avanir, AstraZeneca: 'Next Step' In Perpetual War On Cholesterol

By Randall Osborne


Monday, July 18, 2005

In late December 2003, when Pfizer Inc. agreed to buy out Esperion Therapeutics Inc. for $1.3 billion - $35 per share, which amounted to a 54 percent premium to the average closing price during the previous 20 days - the pharmaceutical giant paid big for an opportunity that seemed even bigger.

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