Fidelity Discloses 14.97% stake in Ariad

Fidelity Management & Research Company disclosed today in a 13G filing a 14.97% stake in Ariad Pharmaceuticals (ARIA), a company that focuses on the discovery, development, and commercialization of small-molecule drugs for the treatment of cancer in the U.S.States, Europe, and Japan.

According to the filing, the Boston, Massachusetts-based Fidelity, a wholly-owned subsidiary of FMR LLC, is the beneficial owner of 16,352,596 shares or 14.972% of the Common Stock outstanding of Ariad Pharmaceuticals Incorporated.

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