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Biotech / Medical : Munch-a-Biotech Today

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To: Biomaven who started this subject8/1/2000 4:40:39 PM
From: nigel bates  Read Replies (1) of 3158
 
MADRID, Aug 1 (Reuters) - Spanish pharmaceuticals firm Zeltia said on Tuesday it had not received a takeover bid from any multinational drugs company and would consider the purchase of a stake by Britain's Glaxo Wellcome Plc (LSE: GLXO.L - news) hostile if confirmed....
Zeltia last month completed the largest secondary offering to date for a emerging biotech-pharmaceutical company in Europe, raising 251 million euros in a placing coordinated by HSBC...."
uk.biz.yahoo.com
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