Upsher-Smith Laboratories Completes Acquisition of Proximagen Group plc.

MAPLE GROVE, Minn.--(BUSINESS WIRE)--Upsher-Smith Laboratories, Inc. today announced that on Tuesday, August 14, 2012 it completed its acquisition of UK-based Proximagen Group plc (AIM: PRX), a European biotechnology company focused on the development and commercialization of novel therapeutics for diseases of the central nervous system (CNS) and inflammation. The acquisition was approved by Proximagen’s shareholders.