Home » Dishman Pharmaceuticals Acquires UK-based Synprotec
Dishman Pharmaceuticals Acquires UK-based Synprotec
April 21, 2005
Dishman Pharmaceuticals & Chemicals Ltd has acquired a Manchester-based contract research company, Synprotec Ltd, through its 100 percent wholly owned UK-based subsidiary company Dishman Europe Ltd. Acording to a company release, the assets base of Synprotec (excluding the value of IP and without revaluation of assets) is currently around pound sterling 2 million and the Company has negotiated the cost of acquisition even below this price. The acquisition of Synprotec in the hands of the company will be as a debt-free company.
Pharmabiz (http://www.pharmabiz.com/article/detnews.asp?articleid=27226§ionid=)
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