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Elan has recently received takeover bids from Royalty Pharma, a private, New York-based company that buys royalty interests in drugs and late-stage drug candidates.
WSJ: Elan enters $1B royalty deal with Theravance
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He is the patron saint of banking, pawnbroking, pirating, butchery, sailing, thievery, orphans, royalty, and New York City.
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It has thousands of owners, but those owners recognize that it makes no sense for them to hire lawyers and investigators to walk the streets of New York, listening in doorways to see if they're entitled to a 10-cent royalty for the public performance of their tune.
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