IGSM Group Enthusiastically Embarks on Entertaining Biotech Acquisition Candidates to Meet the Company's Strict Criteria and ...
15 Agosto 2012 - 5:02AM
Marketwired
IGSM GROUP INC. (PINKSHEETS: IGSM) announced today the IGSM Group
advisors and management have been engaging in early-stage
discussions about a possible acquisition of a company that has
presented itself as having profit potential and synergy.
As part of its overall plan of business, IGSM
is a company, currently seeking solid acquisition candidates. The
candidates must meet our criteria and are also willing to enter the
public markets through our incubation process. This industry space
presents not only an incredible financial opportunity, management
plans raise future expectations of IGSM Group company goals and
shareholder value significantly.
The Biotech Industry According to Mr.
Damien Conover, Morningstar's associate director of health care, he
believes that there is a strong group of acquirers in Big Pharma
that remain very motivated to do these acquisitions. They have a
huge patent cliff coming up and they just don't have products in
their own pipelines to offset that. Also, they have very strong
balance sheets and cash flow generation so they have the means to
acquire growth. IGSM Group is selective in choosing candidates with
significant pipe-line and end market products.
Safe Harbor Statement The statements in
this release that relate to the Company's expectations with regard
to the future impact on the Company's results from new products in
development are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The results
anticipated by any or all of these forward-looking statements may
not occur. The Company undertakes no obligation to publicly release
the result of any revisions to these forward-looking statements
that may be made to reflect events or circumstances after the date
hereof, or to reflect the occurrence of unanticipated events or
changes in the Company's plans or expectations.
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