Billionaire Frost buys another biotech company

May 17, 2007 2:55 am

Miami billionaire Dr. Phillip Frost and his investment team have done it again, purchasing a large stake in another publicly traded biotech company through a merger.

A company official said the new company may consider moving to Miami, which would put it near several other companies in which Frost has recently invested.

http://phoenix.bizjournals.com/southflorida/stories/2007/05/14/daily30.html

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