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Article: Stiefel Laboratories, Inc. Completes Acquisition of Connetics Corporation.
- Article from:
- PR Newswire
- Article date:
- December 28, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Strategic combination strengthens the world's #1 independent dermatology company
CORAL GABLES, Fla., Dec. 28 /PRNewswire/ -- Stiefel Laboratories, Inc., the world's largest independent pharmaceutical company specializing in dermatology, announced today that it has completed the acquisition of Palo Alto, Calif.-based Connetics Corporation. Effective with the close of trading on December 28, 2006, shares of Connetics will no longer be listed on the NASDAQ Stock Market.
The combination of these two companies unites the innovative skin care products and commercial capabilities of Stiefel Laboratories with the advanced therapies and patented drug-delivery ...