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Recent Symptoms Of Clinical Depression News:
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A Newton company that last month won federal approval for the first new type of drug to treat depression in more than a decade is being sold for $1.2 billion. New York’s Forest Laboratories Inc. is purchasing Clinical Data Inc. for $30 a share in cash ...
Howard Solomon, Chairman, Chief Executive Officer and President of Forest Laboratories said, “We are pleased to enter into this agreement with Clinical Data. Depression is a debilitating disease that affects the daily lives of millions of patients.
NEW YORK (AP) -- Shares of Forest Laboratories Inc. declined Tuesday after the company agreed to buy depression drug maker Clinical Data Inc. in a deal worth at least $1.2 billion. THE SPARK: Forest agreed to buy Clinical Data for $30 per share.
Just a month after gaining FDA approval for its depression drug, Viibryd, Clinical Data, Inc. (NASDAQ: CLDA) has agreed to be acquired by New York-based Forest Laboratories , Inc. (Forest) (NYSE: FRX) in a deal worth $1.2 billion. Newton, Mass.-based ...
Viibryd is the first new type medicine to treat depression in more than a decade. The companies said the deal is valued at $1.2 billion net of an undisclosed amount of cash acquired. Clinical Data had $45.9 million in cash and current assets at the end of ...
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