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The</sdc:value><sdc:value sdc:p="6">company was founded in 1989.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Palo Alto Investors, located in Palo Alto, California,</sdc:value><sdc:value sdc:p="1">provides investment and money management services to</sdc:value><sdc:value sdc:p="2">institutional clients and high net worth individuals. The</sdc:value><sdc:value sdc:p="3">company was founded in 1989.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Palo Alto Investors, located in Palo Alto, California, provides investment and money management services to institutional clients and high net worth individuals. 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The</sdc:value><sdc:value sdc:p="7">Company targets unmet medical</sdc:value><sdc:value sdc:p="8">needs in financially</sdc:value><sdc:value sdc:p="9">attractive specialty markets.</sdc:value><sdc:value sdc:p="10">Its most advanced program is</sdc:value><sdc:value sdc:p="11">tesamorelin, now in a</sdc:value><sdc:value sdc:p="12">confirmatory Phase 3 clinical</sdc:value><sdc:value sdc:p="13">trial for a serious metabolic</sdc:value><sdc:value sdc:p="14">disorder known as</sdc:value><sdc:value sdc:p="15">HIV-associated lipodystrophy.</sdc:value><sdc:value sdc:p="16">The Company also has other</sdc:value><sdc:value sdc:p="17">projects at earlier stages of</sdc:value><sdc:value sdc:p="18">development. The company was</sdc:value><sdc:value sdc:p="19">founded on 1993.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Theratechnologies Inc, located in Quebec, Caanada, is a</sdc:value><sdc:value sdc:p="1">Canadian biopharmaceutical company that discovers innovative</sdc:value><sdc:value sdc:p="2">drug candidates in order to develop them and bring them to</sdc:value><sdc:value sdc:p="3">market. The Company targets unmet medical needs in</sdc:value><sdc:value sdc:p="4">financially attractive specialty markets. Its most advanced</sdc:value><sdc:value sdc:p="5">program is tesamorelin, now in a confirmatory Phase 3</sdc:value><sdc:value sdc:p="6">clinical trial for a serious metabolic disorder known as</sdc:value><sdc:value sdc:p="7">HIV-associated lipodystrophy. The Company also has other</sdc:value><sdc:value sdc:p="8">projects at earlier stages of development. The company was</sdc:value><sdc:value sdc:p="9">founded on 1993.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Theratechnologies Inc, located in Quebec, Caanada, is a Canadian biopharmaceutical company that discovers innovative drug candidates in order to develop them and bring them to market. The Company targets unmet medical needs in financially attractive specialty markets. Its most advanced program is tesamorelin, now in a confirmatory Phase 3 clinical trial for a serious metabolic disorder known as HIV-associated lipodystrophy. The Company also has other projects at earlier stages of development. 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">CANADA - Palo Alto Investors</sdc:value><sdc:value sdc:p="1">acquired a 10.48% stake, or</sdc:value><sdc:value sdc:p="2">6.095 mil common shares, in</sdc:value><sdc:value sdc:p="3">Theratechnologies Inc, a</sdc:value><sdc:value sdc:p="4">biopharmaceutical company, in</sdc:value><sdc:value sdc:p="5">a privately negotiated</sdc:value><sdc:value sdc:p="6">transaction.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>CANADA - Palo Alto Investors acquired a 10.48% stake, or 6.095 mil common shares, in Theratechnologies Inc, a biopharmaceutical company, in a privately negotiated transaction.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">CANADA - Palo Alto Investors acquired a 10.48% stake, or 6.095 mil common shares, in</sdc:value><sdc:value sdc:p="1">Theratechnologies Inc, a biopharmaceutical company, in a privately negotiated transaction.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>CANADA - Palo Alto Investors acquired a 10.48% stake, or 6.095 mil common shares, in Theratechnologies Inc, a biopharmaceutical company, in a privately negotiated transaction.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">CANADA - Palo Alto Investors acquired a 10.48% stake, or 6.095 mil common shares, in Theratechnologies Inc, a biopharmaceutical company,</sdc:value><sdc:value sdc:p="1">in a privately negotiated 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sdc:p="0">2834:Pharmaceutical preparations</sdc:value><sdc:value sdc:p="1">2836:Biological products, except diagnostic substances</sdc:value><sdc:value sdc:p="2">8071:Medical laboratories</sdc:value><sdc:value sdc:p="3">8731:Commercial physical and biological research</sdc:value><sdc:value sdc:p="4">8733:Noncommercial research organizations</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>506971001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_NATION><sdc:value>United States</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>6282</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>California</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Private</sdc:value></sdc:upa1_STATUS><sdc:upsic_SIC><sdc:value sdc:p="0">2834:Pharmaceutical preparations</sdc:value><sdc:value sdc:p="1">2836:Biological products, except diagnostic substances</sdc:value><sdc:value sdc:p="2">8071:Medical laboratories</sdc:value><sdc:value sdc:p="3">8731:Commercial physical and biological research</sdc:value><sdc:value sdc:p="4">8733:Noncommercial research organizations</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>259312001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Toronto</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>Canada</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>2836</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>TH</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><title>Merck KGaA acquires a minority stake in Theratechnologies Inc (pending)</title><description>CANADA - Merck KGAA agreed to acquire a #.#% stake, or #.### mil common shares, in Theratechnologies Inc, a biopharmaceutical company, for #.## Canadian dollars ($#.### US) per share, or a total value of C$#.### mil ($#.### mil), in a privately negotiated transaction.</description><pubDate>11/4/2008 3:35:20 PM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">589339</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">88338H</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">589339</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">88338H</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Merck KGaA</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Theratechnologies Inc</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Merck KGaA</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Theratechnologies Inc</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Merck_KGaA_acquires_a_minority_stake_in_Theratechnologies_Inc-2024522040</link><guid isPermaLink="false">sdc/2024522040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2024522040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Drugs</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Germany</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Pharmaceutical 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The company</sdc:value><sdc:value sdc:p="6">also serves as an investment</sdc:value><sdc:value sdc:p="7">holding company. The company</sdc:value><sdc:value sdc:p="8">was founded in 1668.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Merck KGaA, located in Darmstadt, Germany, manufactures and</sdc:value><sdc:value sdc:p="1">wholesales pharmaceuticals, specialty and electronic</sdc:value><sdc:value sdc:p="2">chemicals and cosmetic pigments. The company also serves as</sdc:value><sdc:value sdc:p="3">an investment holding company. The company was founded in</sdc:value><sdc:value sdc:p="4">1668.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Merck KGaA, located in Darmstadt, Germany, manufactures and wholesales pharmaceuticals, specialty and electronic chemicals and cosmetic pigments. The company also serves as an investment holding company. The company was founded in 1668.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Theratechnologies Inc, located</sdc:value><sdc:value sdc:p="1">in Quebec, Caanada, is a</sdc:value><sdc:value sdc:p="2">Canadian biopharmaceutical</sdc:value><sdc:value sdc:p="3">company that discovers</sdc:value><sdc:value sdc:p="4">innovative drug candidates in</sdc:value><sdc:value sdc:p="5">order to develop them and</sdc:value><sdc:value sdc:p="6">bring them to market. The</sdc:value><sdc:value sdc:p="7">Company targets unmet medical</sdc:value><sdc:value sdc:p="8">needs in financially</sdc:value><sdc:value sdc:p="9">attractive specialty markets.</sdc:value><sdc:value sdc:p="10">Its most advanced program is</sdc:value><sdc:value sdc:p="11">tesamorelin, now in a</sdc:value><sdc:value sdc:p="12">confirmatory Phase 3 clinical</sdc:value><sdc:value sdc:p="13">trial for a serious metabolic</sdc:value><sdc:value sdc:p="14">disorder known as</sdc:value><sdc:value sdc:p="15">HIV-associated lipodystrophy.</sdc:value><sdc:value sdc:p="16">The Company also has other</sdc:value><sdc:value sdc:p="17">projects at earlier stages of</sdc:value><sdc:value sdc:p="18">development. The company was</sdc:value><sdc:value sdc:p="19">founded on 1993.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Theratechnologies Inc, located in Quebec, Caanada, is a</sdc:value><sdc:value sdc:p="1">Canadian biopharmaceutical company that discovers innovative</sdc:value><sdc:value sdc:p="2">drug candidates in order to develop them and bring them to</sdc:value><sdc:value sdc:p="3">market. The Company targets unmet medical needs in</sdc:value><sdc:value sdc:p="4">financially attractive specialty markets. Its most advanced</sdc:value><sdc:value sdc:p="5">program is tesamorelin, now in a confirmatory Phase 3</sdc:value><sdc:value sdc:p="6">clinical trial for a serious metabolic disorder known as</sdc:value><sdc:value sdc:p="7">HIV-associated lipodystrophy. The Company also has other</sdc:value><sdc:value sdc:p="8">projects at earlier stages of development. The company was</sdc:value><sdc:value sdc:p="9">founded on 1993.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Theratechnologies Inc, located in Quebec, Caanada, is a Canadian biopharmaceutical company that discovers innovative drug candidates in order to develop them and bring them to market. The Company targets unmet medical needs in financially attractive specialty markets. Its most advanced program is tesamorelin, now in a confirmatory Phase 3 clinical trial for a serious metabolic disorder known as HIV-associated lipodystrophy. The Company also has other projects at earlier stages of development. 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transaction.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>CANADA - Merck KGAA agreed to acquire a 3.6% stake, or 2.094 mil common shares, in Theratechnologies Inc, a biopharmaceutical company, for 4.73 Canadian dollars ($3.876 US) per share, or a total value of C$9.902 mil ($8.114 mil), in a privately negotiated transaction.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">CANADA - Merck KGAA agreed to acquire a 3.6% stake, or 2.094 mil common shares, in</sdc:value><sdc:value sdc:p="1">Theratechnologies Inc, a biopharmaceutical company, for 4.73 Canadian dollars ($3.876 US)</sdc:value><sdc:value sdc:p="2">per share, or a total value of C$9.902 mil ($8.114 mil), in a privately negotiated</sdc:value><sdc:value sdc:p="3">transaction.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">CANADA - Merck KGAA agreed to acquire a 3.6% stake, or 2.094 mil common shares, in Theratechnologies Inc, a biopharmaceutical company, for 4.73 Canadian dollars 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