UPDATE 1-Galenica to buy biotech firm Relypsa for $1.5 bln before break-up

[ahlam1399]

UPDATE 1-Galenica to buy biotech firm Relypsa for $1.5 bln before break-up

UPDATE 1-Galenica to buy biotech firm Relypsa for .5 bln before break-up
July 21 (Reuters) - Galenica has agreed to buy U.S.biotech firm Relypsa for $1.53 billion in cash tostrengthen its Vifor Pharma unit ahead of splitting up the Swisshealthcare group.

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