Marinomed sells its Carragelose business to Unither Pharmaceuticals for up to €20 million.

Marinomed Biotech AG has agreed to sell its Carragelose business to Unither Pharmaceuticals, a French pharmaceutical company, for up to €20 million in payments. This move allows Marinomed to focus on other business areas and supports its restructuring plan. The deal, contingent on restructuring approval and shareholder consent, aims to strengthen Unither's position in the pharmaceutical sector.

November 26, 2024
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