AlliancePharma to buy three companies

Tuesday, July 05, 2016

AlliancePharma Inc to acquire three companies and has also entered into a private placement agreement with a healthcare-focused private equity fund.

Says Persistence Capital Partners (PCP) entered into an agreement to subscribe for 40,000 class A preferred shares of corporation.

Says $4 million private placement from Persistence Capital Partners.

Says acquisition of Pro-J-Pharma Inc and entering into definitive agreements to acquire Pharmapar Inc and Agence L.I.V. Inc.

 

Source : reuters.com