Betaville

InterMune said to be working with Evercore on strategic options

It sounds like this InterMune situation is heating up.

Good sources tell me InterMune - a US-based bio-pharmaceutical company that specialises in making a drug to treat idiopathic pulmonary fibrosis - has begun working with bankers from Evercore alongside long-standing financial adviser Goldman Sachs to look at 'strategic options' for the business.

It is believed the appointment of Evercore may lead to a formal auction of InterMune...