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A different angler

3 June 2013 By Robert Cyran

The U.S. pharma giant paid $1.3 bln for Esperion in 2004, but shut it down when a promising drug didn’t work out. Now the firm is going public anew. Same name, founder and a cholesterol treatment it discovered – and with Pfizer as a backer. It’s a novel form of schmuck insurance.

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