Tuesday, June 19, 2007

U.S. judge upholds Bristol, Sanofi patent on Plavix

(Reuters) - The long-awaited ruling provides much needed certainty for one of the world's largest selling products, and immediately revived debate on Wall Street about a Bristol-Myers takeover.




"The decision will help solidify Bristol-Myers' earnings and dividend, and perhaps open the door for another drugmaker -- most logically Sanofi -- to come in at this point and purchase Bristol," Jason Fox, an analyst at H&R Block Financial Advisors.


Read more at Reuters.com Business News

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