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Transactions

Apr. 16, 2002

CHIRON SOLVES ITS MATRIX WITH $61 MILLION PURCHASE

Chiron Corp. acquired Matrix Pharmaceutical Inc. through its subsidiary, Manon Acquisition Corp. The cash deal is worth $61 million and was announced March 29.

        Chiron Corp. acquired Matrix Pharmaceutical Inc. through its subsidiary, Manon Acquisition Corp. The cash deal is worth $61 million and was announced March 29.
        Emeryville's Chiron develops and sells drugs, vaccines and blood-testing devices. Its signature products include tobramycin solution for inhalation, which is used to treat cystic fibrosis, and Proleukin, which fights rena...

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