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Nabi to explore alternatives including sale

Thu Dec 6, 2007 8:47am EST

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Dec 6 (Reuters) - Drugmaker Nabi Biopharmaceuticals (NABI.O) said it plans to explore alternatives, including sale of the company.

The alternatives may include licensing or development arrangements, joint ventures or strategic alliances and additional share repurchase programs, it said in a statement.

The company also said its board approved the buyback of 65 million common shares. (Reporting by Anant Vijay Kala in Bangalore; Editing by Amitha Rajan)



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