Biogen Idec, Inc. (NASDAQ:BIIB)
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The Company creates new standards of care in oncology, neurology, immunology and other specialty areas of unmet medical need and engaged in the development, manufacturing, and commercialization of novel therapies.
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The clear leader in the independent biotechs is NOT likely to stay independent for long. I expect a buyout by Roche or even Pfizer or Merck in the next 6 months.
A buyout? At a 33% premium to market, today's buyout price is $50 billion. Which pharma company has that much cash sitting around?
GlaxoSmithKlineBiogenIdec would be a good company name.