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<title><![CDATA[RSS for Biogen Idec]]></title>
<description><![CDATA[Watch breaking news videos and read news updates about Biogen Idec on FOXBusiness.com.]]></description>
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<title><![CDATA[Royalty Pharma Lowers Acceptance Threshold For Elan Offer]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/23/royalty-pharma-lowers-acceptance-threshold-for-elan-offer/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/23/royalty-pharma-lowers-acceptance-threshold-for-elan-offer/</guid>
<pubDate><![CDATA[Thu, 23 May 2013 08:17:09 EDT]]></pubDate>
<description><![CDATA[Royalty Pharma AG, the New York-based pharmaceutical investor bidding around $6.4 billion in cash for drugmaker Elan Corp. (ELN) Thursday said it was lowering the threshold for shareholder acceptance for its offer to 50% plus one share, from an earlier 90%.]]></description>
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<title><![CDATA[Dissident Holder First Manhattan Adds 3 to Vivus Board Slate]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/23/dissident-holder-first-manhattan-adds-3-to-vivus-board-slate/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/23/dissident-holder-first-manhattan-adds-3-to-vivus-board-slate/</guid>
<pubDate><![CDATA[Thu, 23 May 2013 07:35:18 EDT]]></pubDate>
<description><![CDATA[Dissident Vivus Inc. (VVUS) shareholder First Manhattan Co. nominated three more director candidates following the drug maker's expansion of its board size.]]></description>
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<title><![CDATA[Royalty Pharma Raises Takeover Bid for Elan]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/20/royalty-pharma-raises-takeover-bid-for-elan/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/20/royalty-pharma-raises-takeover-bid-for-elan/</guid>
<pubDate><![CDATA[Mon, 20 May 2013 15:15:02 EDT]]></pubDate>
<description><![CDATA[U.S. pharmaceutical investor Royalty Pharma on Monday raised its multibillion-dollar takeover bid for Dublin-based Elan Corp. (DRX.DB, ELN) by 11% to $12.50 a share in cash, adding pressure on Elan as it moves to rebuild its business and secure its independence.]]></description>
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<title><![CDATA[Elan Sets Out Deal Plans]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/20/elan-sets-out-deal-plans/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/20/elan-sets-out-deal-plans/</guid>
<pubDate><![CDATA[Mon, 20 May 2013 06:15:02 EDT]]></pubDate>
<description><![CDATA[Elan Corp. PLC (DRX.DB) Monday shed further light on plans to rebuild its business and secure its long-term future, three months after selling off its only drug in production in a $3.25 billion deal.]]></description>
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<title><![CDATA[Elan's $1 billion drug royalty deal aids bid defense]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/13/elan-1-billion-drug-royalty-deal-aids-bid-defense/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/13/elan-1-billion-drug-royalty-deal-aids-bid-defense/</guid>
<pubDate><![CDATA[Mon, 13 May 2013 08:16:52 EDT]]></pubDate>
<description><![CDATA[Irish drugmaker Elan Corporation has agreed a $1 billion royalties deal that could soothe concerns about its potentially risky acquisition strategy and fend off a takeover bid from Royalty Pharma.]]></description>
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<title><![CDATA[Elan Signs $1 Billion Drug Deal]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/13/elan-signs-1-billion-drug-deal/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/13/elan-signs-1-billion-drug-deal/</guid>
<pubDate><![CDATA[Mon, 13 May 2013 05:45:05 EDT]]></pubDate>
<description><![CDATA[Elan Corp. (ELN) Monday said it had reached a $1 billion deal with Theravance Inc. (THRX) for a share in the royalty stream of four respiratory drug programs, as the Irish company fends off approaches from pharmaceutical investor Royalty Pharma.]]></description>
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<title><![CDATA[S&P Highlights Biotech ETFs]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/10/sp-highlights-biotech-etfs/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/10/sp-highlights-biotech-etfs/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 03:39:47 EDT]]></pubDate>
<description><![CDATA[Bolstered by an accommodating Food & Drug Administration and promising recent clinical results for drugs aimed at treating conditions such as hepatitis C and multiple sclerosis, biotechnology stocks and ETFs have been stellar performers in 2013.]]></description>
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<title><![CDATA[Teva Pharmaceutical's Profit Falls on Lower Generic Sales]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/02/teva-pharmaceutical-profit-falls-on-lower-generic-sales/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/02/teva-pharmaceutical-profit-falls-on-lower-generic-sales/</guid>
<pubDate><![CDATA[Thu, 02 May 2013 10:47:15 EDT]]></pubDate>
<description><![CDATA[Teva Pharmaceutical Industries Ltd.'s (TEVA) first-quarter earnings fell 27% as the drug maker saw a sharp drop in generic-medicine sales and increased competition for its alertness drug Provigil.]]></description>
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<title><![CDATA[Equal-Weight ETF Trounces Traditional S&P 500 Peers]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/30/equal-weight-etf-trounces-traditional-sp-500-peers/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/30/equal-weight-etf-trounces-traditional-sp-500-peers/</guid>
<pubDate><![CDATA[Tue, 30 Apr 2013 07:15:38 EDT]]></pubDate>
<description><![CDATA[Just over two decades ago, the SPDR S&P 500 (NYSE:SPY) was born, forever altering the U.]]></description>
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<title><![CDATA[As Biotechnology Stocks Soar, Bubble Talk Percolates]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/26/as-biotechnology-stocks-soar-bubble-talk-percolates/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/26/as-biotechnology-stocks-soar-bubble-talk-percolates/</guid>
<pubDate><![CDATA[Fri, 26 Apr 2013 09:27:08 EDT]]></pubDate>
<description><![CDATA[Biotechnology stocks are quite healthy right now, but some think they are due for a cold.]]></description>
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<title><![CDATA[Biogen Profits Jump 41%, Stays Mum on Key Drug Launch]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/25/biogen-profits-jump-41-stays-mum-on-key-drug-launch/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/25/biogen-profits-jump-41-stays-mum-on-key-drug-launch/</guid>
<pubDate><![CDATA[Thu, 25 Apr 2013 10:37:39 EDT]]></pubDate>
<description><![CDATA[Biogen Idec Inc.'s (BIIB) first-quarter earnings rose 41% as the company benefited from tax breaks and increased sales of its multiple sclerosis drugs, but the company provided few details about the launch of Tecfidera, its newest MS drug.]]></description>
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<title><![CDATA[Biogen 1st-Quarter Net Rose 41% on Higher Multiple-Sclerosis Drugs Sales]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/25/biogen-1st-quarter-net-rose-41-on-higher-multiple-sclerosis-drugs-sales/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/25/biogen-1st-quarter-net-rose-41-on-higher-multiple-sclerosis-drugs-sales/</guid>
<pubDate><![CDATA[Thu, 25 Apr 2013 07:19:23 EDT]]></pubDate>
<description><![CDATA[Biogen Idec Inc.'s (BIIB) first-quarter earnings rose 41% as demand for its multiple-sclerosis drugs increased.]]></description>
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<title><![CDATA[Ingredient in Biogen's Tecfidera MS Drug Linked to Brain Infection]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/24/ingredient-in-biogen-tecfidera-ms-drug-linked-to-brain-infection/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/24/ingredient-in-biogen-tecfidera-ms-drug-linked-to-brain-infection/</guid>
<pubDate><![CDATA[Wed, 24 Apr 2013 17:59:21 EDT]]></pubDate>
<description><![CDATA[A major medical journal published two case reports detailing incidences of a rare brain infection in patients taking a therapy that included the active ingredient found in Biogen Idec Inc.'s (BIIB) multiple sclerosis drug, Tecfidera.]]></description>
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<title><![CDATA[Market Wrap for April 22: Stocks Rise Moderately to Begin Week]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/23/market-wrap-for-april-22-stocks-rise-moderately-to-begin-week/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/23/market-wrap-for-april-22-stocks-rise-moderately-to-begin-week/</guid>
<pubDate><![CDATA[Tue, 23 Apr 2013 08:53:24 EDT]]></pubDate>
<description><![CDATA[The U.]]></description>
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<title><![CDATA[Biotech Mutual Funds Show ETFs Are The Place to Be]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/22/biotech-mutual-funds-show-etfs-are-place-to-be/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/22/biotech-mutual-funds-show-etfs-are-place-to-be/</guid>
<pubDate><![CDATA[Mon, 22 Apr 2013 08:41:40 EDT]]></pubDate>
<description><![CDATA[In March, we compared a a popular energy sector ETF and a comparable mutual fund with the idea being to figure out when relevant factors are considered, which vehicle is best for investors.]]></description>
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<title><![CDATA[Elan Board Rejects Royalty Pharma Takeover Bid]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/22/elan-board-rejects-royalty-pharma-takeover-bid/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/22/elan-board-rejects-royalty-pharma-takeover-bid/</guid>
<pubDate><![CDATA[Mon, 22 Apr 2013 07:38:37 EDT]]></pubDate>
<description><![CDATA[The board of directors of Elan Corp. (ELN) Monday unanimously rejected a takeover bid by Royalty Pharma, a knockback in the U.S. investment firm's two-month-old pursuit of the Irish biotechnology company.]]></description>
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<title><![CDATA[A Look Ahead: This Week's ETFs to Watch]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/21/look-ahead-this-week-etfs-to-watch/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/21/look-ahead-this-week-etfs-to-watch/</guid>
<pubDate><![CDATA[Sun, 21 Apr 2013 14:22:30 EDT]]></pubDate>
<description><![CDATA[Market participants cannot look back on the dour performance turned in by U.]]></description>
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<title><![CDATA[Baxter's Sales Rise, But Health-Care Pressures Remain]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/18/baxter-sales-rise-but-health-care-pressures-remain/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/18/baxter-sales-rise-but-health-care-pressures-remain/</guid>
<pubDate><![CDATA[Thu, 18 Apr 2013 11:42:32 EDT]]></pubDate>
<description><![CDATA[Baxter International Inc. (BAX) reported a slight increase in first-quarter sales, as growth in emerging markets helped to offset continued pricing and utilization pressures in the U.S. and Europe, as well as new austerity measures in China.]]></description>
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<title><![CDATA[Elan $1 Billion Tender Oversubscribed]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/18/elan-1-billion-tender-oversubscribed/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/18/elan-1-billion-tender-oversubscribed/</guid>
<pubDate><![CDATA[Thu, 18 Apr 2013 11:15:10 EDT]]></pubDate>
<description><![CDATA[Elan Corp. (ELN) will buy back about $1 billion in stock, or almost 15% of its shares outstanding, through a modified Dutch auction tender offer that was oversubscribed, part of a plan to reward stockholders who remained invested following the sale of its multiple sclerosis drug.]]></description>
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<title><![CDATA[Elan Accepts Tenders for 88.9 Million Shares at $11.25 a Share]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/18/elan-accepts-tenders-for-88-million-shares-at-1125-share/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/18/elan-accepts-tenders-for-88-million-shares-at-1125-share/</guid>
<pubDate><![CDATA[Thu, 18 Apr 2013 09:44:59 EDT]]></pubDate>
<description><![CDATA[Elan Corp.'s (ELN) modified Dutch auction tender offer for up to $1 billion of stock was oversubscribed and the Irish biotechnology company said it will repurchase about 88.9 million shares at $11.25 a share, the low end of the projected range.]]></description>
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