ARTICLE | Company News
Biorelease deal
October 14, 1996 7:00 AM UTC
BREL announced plans to spin off its blood substitute and drug delivery assets, after which it will engage in a new business of acquiring companies and technology under a new name, Pharmatrage Holdings Inc.
In connection with the changes, BREL signed a letter of intent to acquire TheraMed, a company recently created to focus on consolidation of biopharmaceutical technologies and companies. ...