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Colby Pharmaceutical Company (San Jose), an American biopharmaceutical company has taken over Othera Pharmaceuticals Inc. (Conshohocken).

Financial details of the transaction were not disclosed. With this acquisition, Colby has acquired an extensive portfolio of proprietary small molecules for Nrf-2 regulated diseases.

[ilink url=“http://www.marketwatch.com/story/colby-pharmaceuticals-acquires-othera-pharmaceuticals-2012-09-19″] Link zur Quelle (market watch)[/ilink]