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Home > News > Altair Nanotechnologies and Spectrum Pharmaceuticals Agree to Settlement

June 8th, 2006

Altair Nanotechnologies and Spectrum Pharmaceuticals Agree to Settlement

Abstract:
Altair Nanotechnologies, Inc. (NASDAQ: ALTI), announced today it will receive 100,000 shares of Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) stock for a milestone payment and an additional 40,000 shares for product development improvements, with a total approximate value of $550,000, following a mutually agreed upon resolution to arbitration proceedings involving the two companies.

Source:
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