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Elan 'gave up more than admitted' to secure J&J deal

China Daily | Updated: 2009-07-22 08:06

Elan 'gave up more than admitted' to secure J&J deal

A technician monitors capsules pouring into a blister packaging machine at the Elan Corporation plant in Westmeath, Ireland. Bloomberg News

BOSTON: Irish drugmaker Elan Corp Plc gave away more than it told investors in its recent $1.5 billion transaction with healthcare conglomerate Johnson & Johnson.

Elan 'gave up more than admitted' to secure J&J deal

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