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The Justice Department is believed to be investigating whether Bristol and Sanofi tried to conceal a so-called side deal with Apotex that would not have passed regulatory muster.
While the deals have passed regulatory muster, analysts worry that using cash, or liquidity, to buy complex debt instruments may leave banks at risk if the market volatility continues.
In Britain, for example, reimbursements for Velcade, a drug for multiple myeloma, didn't begin until more than a year after it passed regulatory scrutiny.
Seven months later, when the arrangement passed regulatory muster and closed, the fund covered its short sale with the Phillips shares it received on exchanging the Tosco stake.
As a result, it took Lending Club five years to issue $1 billion in loans (2007-2012), but once it passed regulatory scrutiny and both consumers and investors alike came around, these companies grew quickly.
But this one has already passed regulatory muster in a number of other countries and was expected to sail through the process in the U.S., particularly under a Republican administration.
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"The tomatoes still have to undergo proper taste-testing and pass regulatory standards," Dr. Blumwald said.
The deal could take up to 18 months to pass regulatory muster.
The gains came as the Treasury secretary, Timothy F. Geithner, asked Congress to pass regulatory reforms.
Mr. Ditmire suggested that other kinds of mergers might still pass regulatory muster.
Once they pass regulatory exams, they interview for jobs at financial institutions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com