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Pharmagene In Reverse Takeover Of US Firm Asterand, Inc.


10/19/2005 5:12:12 PM

LONDON (AFX) - Pharmagene PLC said it is merging with the US company Asterand Inc through a reverse takeover. Asterand is a private company focused on human tissue supply and services. The merger is being implemented via a share-for-share exchange, giving Asterand's shareholders a 50 pct stake in the enlarged group.


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