PerSeptive signs distribution deal with Boehringer Mannheim:
This article was originally published in Clinica
Executive Summary
Boehringer Mannheim (Germany) is to distribute PerSeptive Biosystem's (US) Poros chromatography columns worldwide. Under the terms of the deal Boehringer has agreed to purchase $2 million worth of PerSeptive common stock at a price of $12.69 and has an option to acquire a further $1 million at the same price over the next two years.