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Is PDL's Model Paying Off? Cash Payments to Shareholders Soon

By Jennifer Boggs

Thursday, October 29, 2009
PDL BioPharma Inc., which promised significant returns to shareholders since adopting an unusual royalty-collecting business model following last year's spinoff of its R&D division, has opted to monetize a percentage of its antibody royalties from Genentech Inc. products to return a special cash dividend by year-end. (BioWorld Today)

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