Cephalon Buys Back $50M JV Through Convertible Placement
By Randall Osborne
Tuesday, April 2, 2002
Paying $55 million, Cephalon Inc. bought back the interest of two unaffiliated investors in a joint venture formed in December to put as much as $50 million into U.S. commercial efforts on behalf of Provigil for sleep disorders and Gabitril for epilepsy. (BioWorld Today)
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