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PharmaNetics Engages Financial Advisor to Assist in Review of Strategic Alternatives.

Publication: Business Wire
Publication Date: 16-JAN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors/Health/Medical Writers

RALEIGH, N.C.--(BUSINESS WIRE)--Jan. 16, 2004

PharmaNetics, Inc. (NASDAQ-SCM: PHAR), a leader in theranostic management specializing in managing the delivery of therapeutics affecting coagulation, today announced that the Company engaged Davenport & Company LLC ("Davenport"), an investment banking firm, as its financial advisor to assist the Company in pursuing a potential sale of its manufacturing operations and routine test business as well as review other strategic...

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