what us imclone stock
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ImClone stock refers to the shares of ImClone Systems, a biopharmaceutical company that was acquired by Eli Lilly and Company in 2008. Prior to the acquisition, ImClone's stock was traded on the NASDAQ stock exchange under the symbol IMCL. The company was a major player in the biopharmaceutical industry, particularly in the area of oncology.
ImClone gained significant attention due to several events, including the Martha Stewart insider trading scandal and the company's development of the cancer drug Erbitux. The scandal involved Martha Stewart selling ImClone stock based on information leaked about the potential FDA denial of Erbitux. The company also faced challenges and setbacks in its drug development pipeline, leading to significant fluctuations in its stock price.
In 2008, Bristol-Myers Squibb proposed to acquire ImClone for $60 per share. This acquisition was ultimately followed by Eli Lilly, which acquired ImClone for $6.5 billion. As a result of this acquisition, ImClone ceased to exist as a separate entity and became a subsidiary of Eli Lilly.
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Wikipedia
https://en.wikipedia.org
ImClone Systems
Prior to the acquisition, it was traded on the NASDAQ stock exchange under the symbol IMCL. Imclone lost its separate identity in 2014 when its former ImClone ...
Insider trading scandalCompassionate use controversyYeda/Aventis/Imclone patent...Takeover offer from Bristol...
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What happened to ImClone stock?
Why did Martha Stewart sell ImClone stock?
Did Martha Stewart sold 3928 shares of ImClone stock?
Is ImClone still in business?
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Wikipedia
https://en.wikipedia.org
ImClone stock trading case
A US Securities and Exchange Commission and US Attorney probe into trading in the shares of ImClone Systems resulted in a widely publicized criminal case.
Eli Lilly
https://investor.lilly.com
Lilly to Acquire ImClone Systems in $6.5 Billion Transaction
Lilly will acquire ImClone through an all cash tender offer of $70.00 per share, or approximately $6.5 billion.
Page includes: Headquarters location, Location
TheStreet
https://www.thestreet.com
ImClone Scandal: A Timeline
Former ImClone CEO Dr. Samuel Waksal is looking to launch a new biotech venture. Here's a look back at some of his less-than-finer moments.
The New York Times
www.nytimes.com
Once Dumped, ImClone Soars
Aug 1, 2008 — But that would be below the peak ImClone's stock reached — above $86 — in 2004, after Erbitux was approved. So the Waksals and Ms. Stewart ...
Page includes: Criminal charges, Parent company
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SEC.gov
https://www.sec.gov
Martha Stewart and Peter Bacanovic
The next day, ImClone announced that the FDA had refused to file ImClone's license application for a new cancer drug, Erbitux, and ImClone's stock price dropped ...
CNBC
https://www.cnbc.com
Did Martha Stewart Miss Big Payout on ImClone?
Jul 31, 2008 — Stewart, who sold her ImClone stock in 2001—allegedly on a tip from ImClone founder Sam Waksal—got $58.43 a share, or a total of $229,513. She ...
Page includes: Critic reviews, Stock price
Fox News
www.foxnews.com
The rise and fall of ImClone Systems
Jun 12, 2002 — ImClone stock reaches all-time high of $78.75 amid a boom in biotech stocks and encouraging results from early trials of Erbitux.
SEC.gov
https://www.sec.gov
SEC Charges Two Friends of Former Imclone CEO Samuel Waksal with Insider Trading
Mar 9, 2005 — The news prompted ImClone's stock price to drop 16% by the close of the next trading day and resulted in the defendants illegally avoiding ...
Reuters
https://www.reuters.com
ImClone soars after setback to rival Amgen drug
NEW YORK (Reuters) - Shares of ImClone Systems Inc. soared 13 percent on Friday after Amgen Inc. canceled a clinical trial involving a colon cancer drug ...
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