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Clinical Data Lands Buyout as Forest Makes $1.2B Viibryd Bet

By Jennifer Boggs

Wednesday, February 23, 2011
Buyout speculation fueled by the late January approval of depression drug Viibryd (vilazodone) – not to mention last week's chatter after President and CEO Drew Fromkin cancelled his presentation at BIO CEO – ended Tuesday with a resounding thud, as Clinical Data Inc. disclosed an offer much lower than its bullish analysts had expected.

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