Amarin buys Israeli firm in €22m deal

IRISH pharmaceutical company Amarin is to buy an Israeli firm in a deal worth up to $32 million (€21.7m).

Amarin buys Israeli firm in €22m deal
Thu, 06 Dec, 2007 - 00:00
Ian Guider

Amarin, which is backed by a number of former Elan executives, will initially pay €10.2m for Ester Neurosciences.

The Israeli firm is working on drugs to treat a range of neurodegenerative and inflammatory diseases.

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CourtsPerson: Alan CookePerson: John ClimaxPerson: John GroomPerson: Tom LynchOrganisation: AmarinOrganisation: IrishOrganisation: EsterOrganisation: NasdaqOrganisation: ElanOrganisation: Icon
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