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DARA BioSciences (DARA) Acquires Oncogenerix, Gets Rights to Soltamox

January 17, 2012 8:46 AM EST
DARA BioSciences, Inc. (Nasdaq: DARA) has acquired exclusive U.S. rights to sell Soltamox, a liquid formulation of tamoxifen for the treatment of breast cancer, through the acquisition of South Carolina-based specialty pharmaceutical company, Oncogenerix, Inc.

Christopher Clement, CEO of Oncogenerix and former CEO of Savient Pharmaceuticals, will join DARA as a director and as Chief Operating Officer.


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