$14.7M funding deal for SpePharm

7 September 2008

Paul Capital Healthcare has entered into a 10.0 million-euro ($14.7 million) revenue interest acquisition financing agreement with SpePharm to fund the European specialty pharmaceutical company's acquisition of US health care major Procter & Gamble's Dantrium (dantrolene sodium).

The Dutch firm bought the drug for malignant hyperthermia and clinical spasticity resulting from upper motor neuron disorders last month (Marketletter August 21).

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