AlliancePharma to buy three companies
Tuesday, July 05, 2016
AlliancePharma Inc to acquire three companies and has also entered into a private placement agreement with a healthcare-focused private equity fund.
Says Persistence Capital Partners (PCP) entered into an agreement to subscribe for 40,000 class A preferred shares of corporation.
Says $4 million private placement from Persistence Capital Partners.
Says acquisition of Pro-J-Pharma Inc and entering into definitive agreements to acquire Pharmapar Inc and Agence L.I.V. Inc.
Source : reuters.com