Sector News

U.S. drug developer Raptor Pharmaceuticals explores sale

April 7, 2016
Life sciences

Raptor Pharmaceutical Corp, which develops drugs that treat orphan diseases, is in discussions with investment banks to hire a financial adviser to explore a potential sale, according to people familiar with the matter.

The move may not lead to a sale, the people said this week, asking not to be identified because the deliberations are confidential. Raptor did not respond to a request for comment.

By Carl O’Donnell

Source: Reuters

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