Monday June 1, 2020

Merrion Pharma to hand back €4.5m to investors in liquidation

Drug company announced it planned to voluntarily wind up

Ian Guider

Markets Editor

11th September, 2016
John Fox of Merrion Pharma Pic: Fearghal Phillips

Merrion Pharma is understood to be contacting broking firms to advise clients to vote on the company’s winding-up plan.

Merrion, a drug company backed by Declan Ryan, announced last month that it planned to voluntarily wind up and hand back €4.5 million of cash to investors. After selling intellectual property assets last year to drug giant Novo, Nordisk Merrion set about turning itself into an investment company focused on the healthcare sector, but...

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