Enzon Pharma explores options, including the sale of its specialty drugs unit

17 August 2008

US firm Enzon Pharmaceuticals pleased investors, by revealing that it is exploring strategic alternatives for its specialty drugs business, which include, among other options, selling the entire business, or divesting one or more of the company's marketed products as well as its Indianapolis, Indiana, manufacturing facilities. The company's stock saw an advance of 3% to $9 after the announcement was made on August 11.

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