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Enzon Discontinues its Plan to Spin-off its Biotechnology Business
Enzon Pharmaceuticals, 01/07/09
Enzon Pharmaceuticals, Inc. announced that the Board of Directors has decided to discontinue its previously announced plan to spin-off the biotechnology business into a separate public company. The Company will continue to focus on the fundamentals of the business. This includes the continued improvement of its operating efficiency and the advancement of its novel R&D portfolio.
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