Elan makes €85m sale to aaiPharma

Pharmaceutical company Elan is to sell four main products and related assets to aaiPharma Inc for $100m (€85m), subject to regulatory approval.

Elan makes €85m sale to aaiPharma
Wed, 22 Oct, 2003 - 17:08

Pharmaceutical company Elan is to sell four main products and related assets to aaiPharma Inc for $100m (€85m), subject to regulatory approval.

This includes a cash payment of $51.6m and a $3m payment for product inventory.

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CourtsHeathrowPerson: Kelly MartinPerson: presidentPerson: Chief Executive OfficerOrganisation: ElanOrganisation: aaiPharmaOrganisation: aaiPharma Inc
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