Deal▲ Bullish for Gland Pharma

Gland Pharma to invest $21 million in US drugmaker, take 60% stake

1 source · first seen 16:29 1 Oct · updated 16:29 1 Oct

The brief

Written from 1 report · check the source before you trade

Gland Pharma will invest $21 million in its US subsidiary
The subsidiary will acquire a 60% stake in newly incorporated Novelstar Pharma
The investment expands Gland Pharma’s US business, giving investors a new overseas growth initiative to track

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