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Saturday, 01/07/2017 11:11:49 PM

Saturday, January 07, 2017 11:11:49 PM

Post# of 14903
Unimed Approves Acquisition By Solvay
June 12, 1999|By From Tribune News Services.


202
Unimed Pharmaceuticals Inc. of Buffalo Grove said Friday it has agreed to be sold for $123 million in cash, or $12 per share, to Solvay Pharmaceuticals Inc., the U.S. unit of Belgium's chemical and drug group Solvay SA.

The move is part of a Solvay plan to boost revenues by more than doubling its U.S. sales force by 2000 and to add new drugs
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to its portfolio, particularly male hormone replacement therapies.
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