ARTICLE | Company News
Ardana genitourinary news
July 7, 2008 7:00 AM UTC
Ardana voluntarily appointed Ernst & Young LLP as administrators and suspended trading on the London Stock Exchange after the company was unable to complete a refinancing, sale, merger or out-licensing deal within the time available before exhaustion of the company’s cash. Ardana hired Piper Jaffray Ltd. earlier this year to seek strategic alternatives, including a sale or merger of the company (see BioCentury Feb. 25). ...