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Shire’s $5.2bn bet on NPS | Lex

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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs

Once the prey, now the predator, Shire makes its biggest acquisition by buying the US biotechnology company NPS for $5.2bn. Lex's Oliver Ralph and Robert Armstrong discuss the growing risks mid-sized pharmaceutical groups must take.

► Lex: http://bit.ly/1I14JZF

► FT Analysis Review: http://bit.ly/1SrwTzR

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