BioCentury
ARTICLE | Company News

IGI Inc., Novavax infectious diseases/aids news

December 4, 1995 8:00 AM UTC

IG said it will distribute on or about Dec. 12 all of the common shares of its majority owned Novavax Inc. subsidiary to IG shareholders of record as of Nov. 28. IG will distribute one share of Novavax (proposed AMEX ticker:NOX) for each IG share held. An IG spokesperson said the valuation price for NOX is $33 million. Both NOX and IG will have 9.7 million shares outstanding. ...