Technology & Science
Dec. 11, 2009
Two Pharma Companies Merge
Del Mar-based Adamis Pharmaceuticals Corp. has entered into a definitive merger agreement to acquire La Jolla Pharmaceutical Co.
Daily Journal Staff Writer
SAN DIEGO - Del Mar-based Adamis Pharmaceuticals Corp. has entered into a definitive merger agreement to acquire La Jolla Pharmaceutical Co., expected to close by the first quarter of 2010. La Jolla Pharmaceutical anticipates about $3 million in cash to be left in the company at the time of the merger, while La Jolla stockholders could hold up to 30 percent of the outstanding shares of the combined...
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