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Cadence Pharmaceuticals (Nasdaq: CADX) Stock Climbs 26% in Latest Biotech … – Money Morning


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Cadence Pharmaceuticals (Nasdaq: CADX) Stock Climbs 26% in Latest Biotech
Money Morning
Another consolidation in the active biotech sector came Tuesday when Cadence Pharmaceuticals Inc. (Nasdaq: CADX) agreed to be acquired by Mallinckrodt plc (NYSE: MNK) in a $ 1.3 billion deal. The move sent CADX up 26%. Under terms of the deal, 
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