March 19, 2018 / 12:17 PM / 9 months ago

BRIEF-Intelgenx Announces Proposed Acquisition Of Laboval

March 19 (Reuters) - Intelgenx Technologies Corp:

* INTELGENX ANNOUNCES PROPOSED ACQUISITION OF LABOVAL

* INTELGENX TECHNOLOGIES CORP - DEAL FOR TOTAL CASH CONSIDERATION OF UP TO CA$5 MILLION

* INTELGENX TECHNOLOGIES CORP - INTENDS TO FINANCE ACQUISITION AND RELATED FEES AND COSTS BY WAY OF PRIVATE PLACEMENT EQUITY FINANCING

* INTELGENX TECHNOLOGIES CORP - CO’S OBLIGATION TO CLOSE ACQUISITION IS CONDITIONAL UPON CO RAISING AT LEAST US$10 MILLION UNDER OFFERING

* INTELGENX - PROCEEDS RAISED IN ADDITION TO THOSE REQUIRED FOR DEAL WOULD BE USED TO FINANCE CO’S MONTELUKAST PHASE 2B CLINICAL TRIAL, WORKING CAPITAL Source text for Eikon: Further company coverage:

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