Hedgie Warns “Big Shake-Out Looms” After Banking $480 Million On Biotech Buyout
Steve Elms of Aisling Capital made a huge score on one of the biggest deals of his career: Eli Lilly’s purchase of Loxo Oncology, Inc. Elms is chairman of the board of Loxo and his investment firm, Aisling Capital, is one of the company’s largest shareholders. Aisling’s stake in the company is worth about $480 […]