Serodus to acquire Phlogo to expand cardiovascular portfolio

12 July 2013

Norwegian biopharma company Serodus (Oslo Axess: SER) says that, following approval by an extraordinary general meeting (EGM), it is to merge with Danish peptide specialist Phlogo ApS. Serodus will acquire the Danish firm for 1.30 Norwegian kroner per share, for a total of some 2.6 million kroner ($424, 290), according to a web site notice.

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