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SkyePharma buys 40% of RTP Pharma

Executive Summary

In a possible move towards a full acquisition, SkyePharma paid $20mm for 40.2% ownership of fellow drug delivery company RTP Pharma. It also agreed to buy an additional $5mm of RTP's preferred shares to help fund operations.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Final
Deal Type
  • Acquisition
    • Partial Acquisition
    • Payment Includes Cash
    • Payment Includes Stock

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