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Altana, GPC enter drug discovery agreement
05 Aug 2003
Executive Summary
In a three-part transaction, Altana has made a made a $30.8mm (Euro34.2mm) equity investment in GPC Biotech (at about a 70% premium) and signed two deals with GPC through its Byk Gulden division.
Deal Industry
- Pharmaceuticals
-
Biotechnology
-
Drug Discovery Tools
- Bioinformatics
- Genomics-Proteomics
-
Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Alliance
- Includes Contract
- Includes Equity
- Includes Royalty or Profit Split Information
- R&D and Marketing (Licensing)
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