Wednesday, July 4, 2007

UPDATE 1-Lundbeck targets M&A after drug pipeline setbacks

(Reuters) - COPENHAGEN/LONDON, July 4 - Danish drugmaker
Lundbeck -- hit by recent pipeline failures -- faces a
looming revenue crisis and is preparing for acquisitions, its
chief executive said in an interview published on Wednesday.




"It's definitely not a catastrophe or a deep crisis. But a
crisis, yes," Claus Braestrup told the Danish daily
Jyllands-Posten.


Read more at Reuters.com Mergers News

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