TetraLogic Pharmaceuticals agrees to acquire shape pharmaceuticals inc

Monday, 7 Apr 2014 04:05pm EDT 

TetraLogic Pharmaceuticals Corp:Executes definitive agreement to acquire by merger 100 pct of Shape Pharmaceuticals, a privately-held biotechnology company developing suberohydroxamic acid phenyl ester (SHAPE), adding a second clinical-stage oncology compound to the TetraLogic portfolio.Says it will acquire Shape for an upfront cash payment of $13 mln. 

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