Polpharma plans Russian Nizh Pharm purchase but poo-poos PHF rumor

"We hope that we would be able to take over the Russian Nizh Pharm [a private company currently up for sale]," revealed Jacek Glinka, Polpharma's president. According to the Law and Justice party (PiS), Polpharma would also like to take control of Polish Pharmaceutical Holding (PHF). However, regarding the matter, Glinka stated, "We declared our initial interest in the company, but we have never made any binding declarations. Anyway this would require due diligence of the companies comprising PGF. We are interested in acting as a sector investor, rather than a financial one." (Rzeczpospolita, p. B4) M.M.