Alan Fullerton advised Biopure (Nasdaq:BPUR), a developer of oxygen therapeutics for veterinary and human use, on its sale to OPK Biotech.
Biopure Corp. (NASDAQ: BPUR) entered into an agreement with OPK Biotech LLC for the sale of substantially all of its assets. Cambridge, Massachusetts-based Biopure develops and markets pharmaceuticals, called oxygen therapeutics, that are intravenously administered to deliver oxygen to the body’s tissues.
OPK Biotech LLC, a Delaware company, purchased Biopure’s operating assets and its 50 percent interest in a partnership that owns the Cambridge building that houses Biopure’s headquarters, and some laboratory space.
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