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Danish Lundbeck buys US company

» Published: 14 October 2024

Danish Lundbeck buys US company
Photo: Janerik Henriksson/TT

Danish pharmaceutical giant Lundbeck acquires the American company Longboard, specialized in neurological diseases.

Lundbeck pays 2.6 billion dollars, equivalent to 27 billion kronor.

The Lundbeck share falls by around five percent on the Copenhagen Stock Exchange, while Longboard surges 45 percent in American pre-trading.

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By TTThis article has been altered and translated by Sweden Herald

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