Article: Esprit Pharma Acquires Metagen Pharmaceuticals, Inc., Parent Company of Star Pharmaceuticals, Inc.

EAST BRUNSWICK, N.J. -- Esprit Pharma, Inc. today announced that it has acquired all of the outstanding shares of Metagen Pharmaceuticals, Inc., a Florida based pharmaceutical company, and its operating subsidiaries Star Pharmaceuticals and Stellar Pharmacal.

"The main product of the acquired companies is PROSED(R) EC, a urinary analgesic/ antispasmodic/antiseptic" stated John T. Spitznagel, Chairman and CEO of Esprit, a niche oriented pharmaceutical company concentrating on urologic and OB/GYN therapeutics.

"We intend to begin promotion of this product at once and believe that with the strength of our sales force of over 100 representatives, a marked ...

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