UK - MVM buys stake in Alliance Pharma Plc

At the end of February, MVM had acquired 15,000,000 ordinary shares in the company at the price of 1p each.

Alliance Pharma has a portfolio of 35 prescription brands, which it built through acquisition of established niche brands. The company had reported sales of £21.8m for the year ending December 2008. Its main markets are the UK and Republic of Ireland, but it also sells to approximately 20 other countries.

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