By Melanie Senior
Synt:em SA 's management and investors had been seeking a US acquisition partner for well over a year before...
Transatlantic M&A: The Only Way Out for European Biotechs?
Sonus' proposed acquisition of Synt:em answers the French biotech's call for a financeable owner with upside, preferably in the US. For many European biotech firms, M&A may be their only way out of a financing hold. The Synt:em deal-granted its approved early next year--shows that it's still possible to call favorable deal terms, however.
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