Bioalliance to seek acquisitions in oncology and HIV markets

Date : 02/25/2008 @ 1:41AM
Source : TFN
Stock : Immtech Pharmaceutic (IMM)
Quote : 0.5  0.06 (13.64%) @ 8:00PM
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Bioalliance to seek acquisitions in oncology and HIV markets

        PARIS (Thomson Financial) - BioAlliance Pharma SA said it plans to pursue
its strategy of acquisitions in the European oncology and HIV markets, despite
Immtech Pharmaceuticals Inc's recent decision to end a trial of pafuramidine,
for which BioAlliance has the European rights.
    The French drug development company said it will continue its "strategy for
the targeted acquisition of complementary products".



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