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Valuing Ranexa

CVT Rejects $1B Acquisition Offer from Partner Astellas

By Trista Morrison

Wednesday, January 28, 2009
Astellas Pharma Inc. revealed Tuesday that it has spent the last year attempting to acquire CV Therapeutics Inc., but the biotech rejected its latest $1 billion offer and declined to engage in further discussions. (BioWorld Today)

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