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