Elan Pharmaceuticals (ELN) Seeks Fast Sale of Drug Delivery Unit According to Sources

Elan Pharmaceuticals (ELN) Seeks Fast Sale of Drug Delivery Unit According to Sources
8/12/2008

LONDON/NEW YORK, Aug 12 (Reuters) - Ireland's Elan Corp has received first-round bids for its drug delivery unit and is hoping for a quick sale of the business, which may fetch as much as $1.3-1.4 billion, according to people familiar with the matter.