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NCST Nucryst Pharmaceuticals - Common Shares (MM)

1.77
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nucryst Pharmaceuticals - Common Shares (MM) NASDAQ:NCST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.77 0 01:00:00

Smith & Nephew Buys Nucryst Pharma Assets For Initial $21 Million

11/11/2009 10:36am

Dow Jones News


Nucryst (NASDAQ:NCST)
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Smith & Nephew PLC (SN.LN) said Wednesday its advanced wound management unit has signed a definitive agreement to buy most of the assets of Nucryst Pharmaceuticals Corp. (NCS.T) for an initial $21 million, to be adjusted at closing for working capital changes.

MAIN FACTS:

-Smith & Nephew will acquire the manufacturing assets from Nucryst's Fort Saskatchewan, Canada operations and the intellectual property estate.

-Terms of acquisition are pending approval by Nucryst shareholders and the transaction is anticipated to close before the end of the year.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com 
 
 
 

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