UPDATE 1-Medical House says gets potential offer approach

Wed Aug 12, 2009 8:10am EDT

(Adds details)

Aug 12 (Reuters) - Specialist drug delivery company Medical House Plc MLH.L said on Wednesday it received a potential offer approach, sending its shares up as much as 55 percent to a new 52-week high.

However, the company, which specialises in the development and supply of innovative delivery systems for injectable drugs, did not reveal any further details.

Shares of the company were up 7.50 pence at 21.75 pence at 1155 GMT on the London Stock Exchange. (Reporting by Ramkumar in Bangalore; Editing by Maju Samuel)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.