Andromeda in Early Negotiations with American Pharma Company

Feb 27, 2014

Reuters

Israel's Clal Biotechnology Industries said its subsidiary Andromeda Biotech is in early talks to be sold to an American drug company for a price that could reach hundreds of millions of dollars. Andromeda signed a memorandum of understanding to be sold to the unnamed firm, according to Clal, which owns 96 percent of Andromeda. Read the full story

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