BASEL, SWITZERLAND--(Marketwire - March 31, 2008) - Basel, Switzerland, March 31, 2008 - Basilea Pharmaceutica Ltd. announces that changes to the Articles of Association approved by shareholders at the Annual General Meeting on March 19, 2008 and the implementation of a holding structure were executed on March 28, 2008. Operational business activities will be performed by the new subsidiary Basilea Pharmaceutica International Ltd. that is fully owned by the new holding company Basilea Pharmaceutica Ltd.
