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Synergy Pharmaceuticals Inc's Subsidiary Files Form 10 For Planned Spin-Off Of FV-100 Assets-DJ

Thursday, 8 Aug 2013 06:00pm EDT 

Dow Jones reported that Synergy Pharmaceuticals Inc's Subsidiary announced the planned spin-off of its FV-100 assets into a separate publicly traded company. Synergy's newly formed subsidiary, ContraVir Pharmaceuticals, Inc., the Company which will hold the FV-100 assets, has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission. The separation contemplates a 100% distribution of the ContraVir shares of common stock, now held by Synergy, to Synergy's stockholders on a pro-rata basis. 

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