Quintiles, the savior of Bioglan?
Indebted UK biotechnology firm Bioglan could be saved by QuintilesTransnational Corp (Marketletters passim), according to a report in the Sunday Telegraph.
The newspaper suggests that a deal could include the outright acquisition of Bioglan or a deal for more US marketing rights in return for a cash injection. Quintiles recently signed up rights for Solaraze (hyaluronic acid and diclofenac sodium), a product from SkyePharma for which Bioglan has acquired US marketing rights.
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