Eckert & Ziegler Radiopharma GmbH (EZR) and a group of start-up investors have signed a purchase agreement with French pharmaceutical company IPSEN for all shares of Octreopharm Science GmbH (OPS), a drug development company located in Berlin-Buch. The deal, which is subject to various conditions precedent, has an overall value of about 50 mm EUR, milestones included.
EZR owns about third of OPS and would book extraordinary profits from the sale of shares if the deal becomes effective. Guidance about the profit impact of the transaction will be given, once the deal is closed, in EZAG's subsequent quarterly report
EZR owns about third of OPS and would book extraordinary profits from the sale of shares if the deal becomes effective. Guidance about the profit impact of the transaction will be given, once the deal is closed, in EZAG's subsequent quarterly report
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