Elan's shares lose 25% of their value

Following Elan's announcement that will delay filing it's annual report, its shares have lost more than 25% of their value this morning.

Following Elan's announcement that it will delay filing it's annual report, its shares have lost more than 25% of their value this morning.

At 9.30am shares were down to €4.60, a drop of €1.60, with nearly 300,000 shares traded.