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Wednesday, September 17, 2014

Deals of the day- Mergers and acquisitions, (NASDAQ: AUXL), (TSE: QLT.TO), (NASDAQ: QLTI)

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:** Endo International Plc made an unsolicited offer to purchase Auxilium Pharmaceuticals Inc for about $2.2 billion, which analysts said could complicate Auxilium's takeover of Canadian eye drug maker QLT Inc .

Auxilium Pharmaceuticals, Inc. is a specialty biopharmaceutical company focuses on developing and marketing products to predominantly specialist audiences. Shares of AUXL traded higher by 42.36% or $9.115/share to $30.64. In the past year, the shares have traded as low as $16.36 and as high as $32.89. On average, 1236480 shares of AUXL exchange hands on a given day and today's volume is recorded at 4145852.

QLT Inc., is a biotechnology company. The Company is engaged in the development and commercialization of ocular products. Shares of QLT fell by 14.45% or $-0.99/share to $5.86. In the past year, the shares have traded as low as $4.33 and as high as $7.90. On average, 4995 shares of QLT.TO exchange hands on a given day and today's volume is recorded at 4430.

QLT Inc., is a biotechnology company. The Company is engaged in the development and commercialization of ocular products. Shares of QLTI fell by 13.55% or $-0.84/share to $5.36. In the past year, the shares have traded as low as $4.16 and as high as $7.10. On average, 180472 shares of QLTI exchange hands on a given day and today's volume is recorded at 125880.



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