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01 Jun 2009 08:57

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Biz: An acquisition pays off in the form of a landmark cancer drug

  • $500 million The amount French drugmaker Sanofi-Aventis SA paid for BiPar Sciences Inc. of San Francisco, which has just 18 employees
  • six weeks after the acquisition, a study came out showing that BiPar’s experimental drug helps immensely in fighting breast cancer source