Pharma group in takeover talks with niche drugmaker
Pharmaceuticals group Clinigen has confirmed that it is in talks regarding the possible takeover of rival firm, Quantum Pharma.
County Durham-based Quantum issued a statement yesterday telling its shareholders it had received a proposal for a cash and shares offer, but, according to reports, said the proposal was non-binding, with "no certainty that an offer will be made."
In a statement of its own this morning, Burton-upon-Trent-based Clinigen said: “The board of Clinigen notes the announcement released by Quantum Pharma and ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
