How Lexicon Pharma got its $500 million takeover of Covis Pharmaceuticals
An Australian company that got its big money from a major drugmaker is moving into the healthcare market.Lexicon Pharma is investing $500m in Covis Pharma, which makes a blood thinning drug.The deal could be one of the biggest in Australia’s history.It comes amid rising concerns about drug prices and the cost of healthcare in Australia.Lexis…