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Panax to acquire Sangen Pharmaceuticals

Executive Summary

To expand its focus beyond discovery to development, Panax Pharmaceutical (drugs from traditional medicinal plants) signed an agreement in principle to merge Sangen Pharmaceutical, acquiring the private biotech in a stock swap.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Stock

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