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Novartis to acquire Protez Pharmaceuticals

Under terms of this transaction, Novartis agreed to fully acquire Protez for $100 million. Protez’s owners are eligible for additional payments of up to $300 million, which are

Ipsen to acquire Tercica

This transaction, which is subject to approval by Tercica stockholders holding a majority of the outstanding Tercica common stock, has been unanimously approved by Tercica’s board of directors