High-Flier Pharmacyclics Picks Right Time for Sale

Micrograph of a large B-cell lymphoma.

Source: Nephron
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There’s never been a better time for Pharmacyclics Inc. to consider a sale.

The developer of cancer treatments was trading at a record even before surging as much as 23 percent Wednesday after people familiar with the matter said it’s exploring a sale and has attracted Johnson & Johnson and Novartis AG.