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.