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Pernix Thera rescues struggling Somaxon with stock deal worth $25 million

05:01 EST 12 Dec 2012 | thePharmaLetter

Troubled US drugmaker Somaxon Pharmaceuticals (Nasdaq: SOMX) saw its shares leap around 85% to $2.74 yesterday morning, when it was revealed that fellow USA-based Pernix Therapeutics (NYSE: PTX) had agreed a merger accord in a stock-for-stock transac..

Original Article: Pernix Thera rescues struggling Somaxon with stock deal worth $25 million

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