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Biotech ETFs Could Get A Shot In The Arm From Acquisition

Biotechnology is rising up to analyst's predictions that a near future run could send related stocks and exchange traded funds (ETFs) up. The latest April announcement that Takeda Pharmaceutical would buy Massachusetts-based Millennium Pharmaceuticals (MLMN) for $8.8 billion sent the...

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Will M&A Activity Boost PowerShares Dynamic Biotech & Genome ETF?

Don Dion submits: The April announcement that Japanese drug maker Takeda Pharmaceutical would buy Massachusetts-based Millennium Pharmaceuticals (MLNM) (which sells the anticancer injection Velcade) for $8.8 billion sent Millennium shares markedly higher. The acquisition also lifted expectations for a run of biotech M&A, boosting much of the sector. Complete Story ยป

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Takeda Successfully Completes Tender Offer for Millennium Pharmaceuticals, Inc. and Announces Subsequent Offering Period

OSAKA, Japan, and CAMBRIDGE, Mass., May 9 /PRNewswire-FirstCall/ -- Takeda Pharmaceutical Company Limited, Takeda , and Millennium Pharmaceuticals, Inc., Millennium today announced the succe...

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Takeda sees big profit slump on Millennium costs

TOKYO (Reuters) - Japan's Takeda Pharmaceutical Co Ltd posted a 7.7 percent fall in annual operating profit on Friday and forecast a sharp drop for the current year on costs for its $8.8 billion purchase of U.S. biotech firm Millennium Pharmaceuticals.

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Takeda sees big profit slump on Millennium costs

TOKYO (Reuters) - Japan's Takeda Pharmaceutical Co Ltd posted a 7.7 percent fall in annual operating profit on Friday and forecast a sharp drop for the current year on costs for its $8.8 billion purchase of U.S. biotech firm Millennium Pharmaceuticals.

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Wall Street News Alert: Wall Street News Alert Issues Special Alert on OCOL! May 6, 2008

WESTON, FL (MARKET WIRE) Wall Street News Alert's "stocks to watch" this morning are: Oncolin Therapeutics (OTCBB: OCOL), Vanda Pharmaceuticals Inc. (NASDAQ: VNDA), Millennium Pharmaceuticals, Inc. (NASDAQ: MLNM), Gilead Sciences, Inc. (NASDAQ: GILD).

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Abbott's First Quarter Lobbying Tab Hits $880,000

By Donald Zuhn -- In March, we reported on the lobbying expenditures for a number of biotech and pharmaceutical companies in 2007. For example, we noted that Millennium Pharmaceuticals had spent $1.28 million, Genentech $1.8 million, and AstraZeneca $4.1 million in 2007. Topping each of these companies, however, was Abbott...

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Regulators in two continents clear Millennium sale

Government regulators in the United States, Austria and Germany have cleared the planned $8.8 billion sale of Millennium Pharmaceuticals Inc. to Japanese drug maker Takeda Pharmaceutical Co. Ltd.

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Millennium's Levin uses golden touch to fund start-up

Mark Levin earned a reputation for a colorful personality with an incredible knack for raising cash as co-founder of Millennium Pharmaceuticals. Two weeks ago, Takeda helped seal Levin's reputation Read more...

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U.S. Deal May Take Time to Help Takeda

Takeda's bid to buy Millennium Pharmaceuticals could weigh on profits and share prices in the short term. Still, analysts say the acquisition, which gives Takeda a foothold in the lucrative cancer-drug market and bolsters its pipeline, may be good news for investors in the long run.

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Millennium shareholder sues over Takeda takeover

NEW YORK (Kyodo) A shareholder of U.S. biotechnology-based drugmaker Millennium Pharmaceuticals Inc. has sued the company over plans by Takeda Pharmaceutical Co. to conduct a tender offer for Millennium shares, a Millennium official said Wednesday.

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Yahoo! News: Zacks Bull and Bear of the Day Highlights: Millennium Pharmaceuticals, Arkansas Best, Apple, Inc., Johnson Controls ... (Centre Daily Times)

Zacks Equity Research highlights Millennium Pharmaceuticals (Nasdaq: MLNM) as the Bull of the Day and Arkansas Best Corporation (Nasdaq: ABFS) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Apple, Inc. (Nasdaq: AAPL), Johnson Controls (NYSE: JCI) and Telefonica (NYSE: TEF). Full analysis of all these stocks is available at [at.zacks.com]

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Yahoo! News: Zacks Bull and Bear of the Day Highlights: Millennium Pharmaceuticals, Arkansas Best, Apple, Inc., Johnson Controls ... (Business Wire via Yahoo! Finance)

CHICAGO----Zacks Equity Research highlights Millennium Pharmaceuticals as the Bull of the Day and Arkansas Best Corporation as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Apple, Inc. , Johnson Controls and Telefonica .

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Zacks Bull and Bear of the Day Highlights: Millennium Pharmaceuticals, Arkansas Best, Apple, Inc., Johnson Controls … (Centre Daily Times)

Zacks Equity Research highlights Millennium Pharmaceuticals (Nasdaq: MLNM) as the Bull of the Day and Arkansas Best Corporation (Nasdaq: ABFS) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Apple, Inc. (Nasdaq: AAPL), Johnson Controls (NYSE: JCI) and Telefonica (NYSE: TEF). Full analysis of all these stocks is available at [...]