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<a href="http://www.accessmylibrary.com/article-1G1-85559057/press-release-skyepharma-acquire.html" title="Facts and information about Press Release: SkyePharma to acquire 100% of RTP Pharma Inc; signs agreement to fund new product development - HFA-Formoterol and RTP's Propofol.">Press Release: SkyePharma to acquire 100% of RTP Pharma Inc; signs agreement to fund new product development - HFA-Formoterol and RTP's Propofol.</a>
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Press Release: SkyePharma to acquire 100% of RTP Pharma Inc; signs agreement to fund new product development - HFA-Formoterol and RTP's Propofol.
SkyePharma PLC announced the acquisition of 59.8% of the outstanding voting shares of RTP Pharma Inc in return for the issue of SkyePharma Ordinary Shares to the value of $20.6 M, thereby securing ownership of the Canadian company. RTP Pharma is globally respected for its nanoparticulate technology used to improve drug solubility. On 1 Aug 2001, SkyePharma announced that it had paid $20 M in SkyePharma Ordinary Shares and acquired $5 M of Preferred …
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