1. Alexion Pharmaceuticals : Agrees to Work With Hedge Fund Elliott on Filling Board Seat--Update

    Alexion Pharmaceuticals : Agrees to Work With Hedge Fund Elliott on Filling Board Seat--Update

     Alexion Pharmaceuticals Inc. said Tuesday it will work with hedge fund Elliott Management Corp. on filling an open board seat. The move comes as the rare-disease drugmaker has been facing pressure from the activist investor, which has pushed for changes in recent years at companies including aluminum parts maker Arconic Inc. and Brocade Communication Systems, now part of Broadcom Ltd.

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    1. We are encouraged by actions taken under Ludwig's leadership to improve financial performance and reset Alexion's strategy.
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