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Cephalon Plunks Down $225M Now, $300M Later for Gemin X

By Staff Reports

Tuesday, March 22, 2011
Gemin X Pharmaceuticals Inc., a firm that had been on the prowl for a partner after wowing Wall Street a couple of years ago with early stage data for small-cell lung cancer (SCLC) candidate obatoclax, was snatched up by Cephalon Inc. for $225 million up front.

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