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| Acquiring Party | Tanox, Inc. (TNOX), a biotechnology company specializing in biotherapeuitcs based on monoclonal antibody technology. |
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| Transferring Party | Sunol Tissue factor antagonist program, a division of Sonol Molecular Corporation, a developer of anti-tissue factor monoclonal antibodies and related technologies. |
| Sector | Biopharmaceuticals |
| Date | March 28, 2005 |
| Analysis Tanox obtains Sunol’s tissue-factor antagonist cH36- an anti factor monoclonal antibody in development for lung injury, and acute respiratory distress. Tanox will give Sunol’s 800,000 shares of stock and $6m cash. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |