UPDATE: Alexion (ALXN) Peers Ramp

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Go back to UPDATE: Alexion (ALXN) Peers Ramp

Alexion Pharma's (ALXN) High Price Tag Has Many Questioning Roche Deal

July 15, 2013 10:47 AM EDT

On Friday, shares of Alexion Pharmaceuticals Inc. (Nasdaq: ALXN) moved higher on reports it was being targeted by Roche. According to Reuters' sources, Roche is seeking billions in order to finance a $130/share bid. However, given the size, many are skeptical.

"Our EU pharma team is very skeptical about the likelihood of this deal... More