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Industry: Email Alert RSS FeedKaro Bio of Stockholm
BT Catalyst, April, 2000
> Karo Bio of Stockholm, Sweden, has announced that it intends to acquire Novalon Pharmaceutical Corp. of Durham through a noncash issue. If Karo shareholders approve the acquisition later this month, the company stands to gain a leading position in the field of nuclear receptors. Karo plans to keep the Durham operation intact, and Novalon shareholders will hold 20 percent of Karo Bio after the acquisition.Most RecentTechnology Articles
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