BioCentury
ARTICLE | Finance

Medco shareholders slow down Repligen deal

July 3, 1995 7:00 AM UTC

Noteworthy

A group of Medco Research Inc. stockholders are balking at the proposed financial terms of the merger between MRE and Repligen Corp. As a result, the companies announced on Friday that they are negotiating a valuation for RGEN below the $51.5 million proposed in the nonbinding letter of intent signed in May...