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Wyeth in Talks to Acquire Crucell

3:42 AM MST | January 9, 2009 | Deepti Ramesh

Biopharmaceutical company Crucell (Leiden, Netherlands) says it is in friendly discussions with Wyeth (Madison, NJ), that may lead to a merger with Wyeth. These discussions are at a preliminary stage and there is no certainty that they will result in a transaction, Crucell says. Wyeth if offering to pay up to $1.35 billion to buy Crucell, say press reports. French pharmaceutical company Sanofi-Aventis (Paris) is also expected to make a rival bid for Crucell, reports...

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