John Dawson, CEO of Alliance Pharma (LON:APH), explains to Proactiveinvestors that the deal to acquire 100% of the obstetric drug Syntometrine from Swiss giant Novartis is consistent with the company's strategy of acquiring well-established products that have good, steady cash flow. John says that the deal adds extra volume, extra sales, extra margins and flows down to profit ' very nicely'. The deal also takes APH into new territories. The US$11.5mln purchase price still leaves the company with access to £10mln in funds from its bank to pay for future deals.
Alliance Pharma wants to do 'more of the same' after Novartis deal
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