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IKM 1nkemia IUCT SA News Story

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Brief: 1nkemia divests its stake in Biodan Science

Jan 22 (Reuters) - 1kemia IUCT Group SA  IKM.MC : 
    * Announced on Thursday that its unit IUCT Empren had 
divested its entire stake in Biodan Science SL 
    * The divestment was a combined operation including 
assignment to InKemia group a part of technology developed by 
Biodan Science, that would be used in the development of a new 
product aimed to treat psoriasis, being carried out in 
cooperation with Barcelona Bioscience SL 
    * Transaction was valued at 200,000 euros ($216,660), which 
would not have any impact on FY 2016 results 
 
     
  
     
 Source text: http://bit.ly/1WzRx2p 
     
 Further company coverage:  IKM.MC   
    
 
 
 
($1 = 0.9231 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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