BioCentury
ARTICLE | Company News

Interneuron, Walden Laboratories Inc. deal

December 4, 1995 8:00 AM UTC

IPIC's InterNutria Inc. subsidiary will acquire from Walden a formulated dietary supplement to help manage premenstrual mood and appetite changes experienced by women. IPIC will issue $2.4 million of shares for the product in two tranches, the first in late 1996 and the second in late 1997, at the then prevailing market price. IPIC has 33.3 million shares outstanding. ...