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Genta Says Aventis Takeover Won’t Change Terms of Genasense Deal

Genta said this week that its deal with French drug maker Aventis for the investigational antisense cancer drug Genasense includes a provision under which the partnership will be assigned to a successor in the event of a change of control at Aventis. The statement comes amid a recent $60 billion hostile takeover offer for drug maker Aventis by peer Sanofi-Synthelabo.

Aventis bought the rights to Genasense from Genta in 2002.

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