Highland buys Raptor Pharmaceuticals
USA-based Highland Clan Creations says it has acquired fellow US firm Raptor Pharmaceuticals. Raptor, which is an early-stage biotechnology R&D company, will become a wholly-owned subsidiary of Highland, focussed on the development of the human receptor-associated protein (RAP) technology that it purchased from BioMarin earlier this year. Highland added that it has recently completed a $5.0 million private placement financing, which it would use to fund further development of Raptor.
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