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Circassia Pharmaceuticals to Buy Sweden's Aerocrine, U.K.-based Prosonix

2015-05-16 15:02:10| Appliances - Topix.net

NEW YORK -- U.K. biotech Circassia Pharmaceuticals on Friday announced its first acquisitions since its March 2014 initial public offering with deals totaling up to $371 million for companies in Sweden and England. Circassia, of Oxford, agreed to pay up to 1.78 billion Swedish kroner for Stockholm-listed Aerocrine AB , which sells and develops products to diagnose and manage asthma.

Tags: buy pharmaceuticals swedens circassia

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