{"id":7217,"date":"2016-04-28T11:41:39","date_gmt":"2016-04-28T11:41:39","guid":{"rendered":"http:\/\/medclinicsllc.com\/blog\/2016\/04\/28\/sanofi-launches-9-3-billion-fight-for-u-s-cancer-firm-medivation\/"},"modified":"2016-04-28T11:41:39","modified_gmt":"2016-04-28T11:41:39","slug":"sanofi-launches-9-3-billion-fight-for-u-s-cancer-firm-medivation","status":"publish","type":"post","link":"https:\/\/localhealthcareaz.com\/index.php\/2016\/04\/28\/sanofi-launches-9-3-billion-fight-for-u-s-cancer-firm-medivation\/","title":{"rendered":"Sanofi launches $9.3 billion fight for U.S. cancer firm Medivation"},"content":{"rendered":"<p><a href=\"http:\/\/news.yahoo.com\/frances-sanofi-makes-9-3-billion-bid-u-061827339--finance.html\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/medclinicsllc.com\/wp-content\/uploads\/2016\/04\/2016-04-28T101927Z_3_LYNXNPEC3R0AV_RTROPTP_2_FRANCE-SANOFI.jpg\" width=\"130\" height=\"86\" alt=\"French multinational pharmaceutical company SANOFI logo seen at their headquater in Paris\" align=\"left\" title=\"French multinational pharmaceutical company SANOFI logo seen at their headquater in Paris\" border=\"0\" \/><\/a>By Ben Hirschler and Leigh Thomas LONDON\/PARIS (Reuters) \u2013 French drugmaker Sanofi went public with a $9.3 billion offer to buy Medivation on Thursday, setting up what could be a lengthy takeover fight after the U.S. cancer firm rebuffed its approaches. The decision to target Medivation marks a return to the biotech takeover trail for Sanofi, which is looking to new cancer treatments to bolster its portfolio and help offset declining sales of mainstay diabetes drug Lantus. Sanofi\u2019s non-binding proposal is to buy Medivation for $52.50 per share in cash, representing a 50 percent premium over the San Francisco-based firm\u2019s two-month volume-weighted average share price prior to takeover rumors.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ben Hirschler and Leigh Thomas LONDON\/PARIS (Reuters) \u2013 French drugmaker Sanofi went public with a $9.3 billion offer to buy Medivation on Thursday, setting up what could be a lengthy takeover fight after the U.S. cancer firm rebuffed its approaches. The decision to target Medivation marks a return to the biotech takeover trail for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7218,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[23,33,67,80,81,82,85],"class_list":["post-7217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weight-management","tag-diet","tag-hcg","tag-phentermine","tag-weight","tag-weight-clinic","tag-weight-loss","tag-weight-managenemt"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/localhealthcareaz.com\/wp-content\/uploads\/2016\/04\/2016-04-28T101927Z_3_LYNXNPEC3R0AV_RTROPTP_2_FRANCE-SANOFI.jpg","_links":{"self":[{"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/posts\/7217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/comments?post=7217"}],"version-history":[{"count":0,"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/posts\/7217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/media\/7218"}],"wp:attachment":[{"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/media?parent=7217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/categories?post=7217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/localhealthcareaz.com\/index.php\/wp-json\/wp\/v2\/tags?post=7217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}