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Peptech Acquiring EvoGenix In Cash, Stock Deal Worth A$156M

By Randall Osborne

Tuesday, May 8, 2007
With cash in its coffers from last year's sale of Domantis Ltd. to GlaxoSmithKline plc, Peptech Ltd. is buying out EvoGenix Ltd. for A$156 million (US$128.6 million), a 33 percent premium to the last trading price, in a bid to create yet another formidable antibody player. (BioWorld Today)

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