OPKO Health to acquire PROLOR Biotech in $480 million stock deal
Continuing on its acquisitive path, US drugmaker OPKO Health (NYSE: OPK) has signed a definitive agreement to acquire Israel-based PROLOR Biotech (NYSE MKT: PBTH), a biopharmaceutical company focused on developing and commercializing longer-acting proprietary versions of already approved therapeutic proteins, in an all-stock transaction.
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