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Activist Investor Pushes Celera to Divest Merck Bone Drug Royalties
Published February 9, 2010, 6:05 pm, BioWorld
The Biotechnology Value Fund (BVF), a historically activist investor group, revealed in a 13-D filing Tuesday the reason for its recent interest in diagnostics firm Celera Corp.: BVF wants Celera to spin out its royalty interest in Merck & Co. Inc.'s Phase III osteoporosis drug, odanacatib.
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