Advertisement
Grab your lab coat. Let's get started
Welcome!
Welcome!
Create an account below to get 6 C&EN articles per month, receive newsletters and more - all free.
It seems this is your first time logging in online. Please enter the following information to continue.
As an ACS member you automatically get access to this site. All we need is few more details to create your reading experience.
Not you? Sign in with a different account.
Not you? Sign in with a different account.
ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Business
Osi to Buy Tech Platform
June 28, 2004
| A version of this story appeared in
Volume 82, Issue 26
Prosidion, a subsidiary of OSI Pharmaceuticals, will acquire a platform of dipeptidyl peptidase IV technology from the German firm Probiodrug for $35 million plus future milestones. The deal includes Probiodrug's P93/01, a drug set to enter Phase II clinical trials for the treatment of type 2 diabetes. To finance the acquisition and fund R&D, OSI will invest a further $50 million in Prosidion, bringing its ownership of the subsidiary to 96%.
You might also like...
The power is now in your (nitrile gloved) hands
Sign up for a free account to get more articles. Or choose the ACS option that’s right for you.
Already have an ACS ID? Log in
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on X