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Zambon scuppers Newron ambitions

This article was originally published in Scrip

Executive Summary

No one would have blamed Rolf Stahel, a Swiss national chairman of Newron, from recalling the English phrase "With friends like this who needs enemies" as Zambon, the company's major pharma partner, voted against plans by the Italian CNS company to acquire Swedish biotech company NeuroNova. Newron's management had hoped shareholders would support its ambition to acquire the Swedish company's pipeline and cash at an emergency general meeting,

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