BRIEF-Elan urges shareholders to take no action on raised Royalty Pharma offer

LONDON, June 7 Fri Jun 7, 2013 9:51am EDT

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LONDON, June 7 (Reuters) - Elan Corporation PLC : * Will assess the royalty pharma announcement and will advise its shareholders

accordingly * In the meantime,shareholders are strongly advised to take no action in

relation to the offer