Shire said to edge closer to Radius deal - sources

Shire is closing in on a multi-billion dollar takeover of US-listed Radius Health, a company that specialises in developing treatments for people with osteoporosis.

To be fair, rumours about Shire's interest in Radius are not particularly new. Talk of Shire pouncing on Radius, which currently has a market capitalisation of $2.2 billion, has been doing the rounds over the last twelve months...