Newron completes 4.7M euro acquisition of Hunter-Fleming

15 June 2008

Milan, Italy-based Newron Pharmaceuticals has completed the acquisition of privately-owned UK biopharmaceutical company Hunter-Fleming, announced earlier this year (Marketletter February 18).

The initially agreed cost was 4.7 million euros ($7.4 million; Marketletter May 5). Former shareholders of the UK firm now hold 3.1% of Newron.

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