Friday, March 14, 2008

Are Pfizer buying Shire?

You tell me!

LONDON (Reuters) - Shares in British drug maker Shire leapt as much as 10 percent on Friday, as traders reported talk of bid interest from U.S. rival Pfizer.

But some analysts thought a tie-up was unlikely, saying Shire's focus on treatments for attention deficit hyperactivity disorder (ADHD) and enzyme replacement therapies did not fit with Pfizer's drugs portfolio or its pipeline of new medicines.

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