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Article: AB Leo signs asset purchase agreement with ATPI. (Advanced Tobacco Products Inc.)
- Article from:
- PR Newswire
- Article date:
- June 9, 1987
CopyrightCOPYRIGHT 1987 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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AB LEO SIGNS ASSET PURCHASE AGREEMENT WITH ATPI
UPPSALA, Sweden, June 9 /PRNewswire/ -- AB Leo of Helsingborg, Sweden, a subsidiary of Pharmacia AB (NASDAQ: PHABY), a Swedish-based pharmaceutical and biotechnology company, and Advanced Tobacco Products, Inc. (NASDAQ: ATPI), a San Antonio, Texas-based manufacturer of Favor(TM) "Smoke-Free Cigarettes," today announced the signing of an asset purchase agreement.
In 1986, Pharmacia AB acquired AB Leo, a Swedish-based pharmaceutical company and the manufacturer of Nicorette(TM), a nicotine chewing gum used in smoking cessation. As previously announced, ATPI closed the sale of its European technology to ...