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Chemizon Announces Reverse Merger with South Korean Company

publication date: Jun 7, 2007
US Headquartered Company has Labs in South Korea and China -- Chemizon, a US-headquartered company that provides drug discovery services, has engineered a reverse merger with a Korean company called Optomagic. Optomagic manufactures fiber optic cable, but it plans to sell off its operations to Taihan Electric Wire Co., Ltd., a major shareholder, immediately after the reverse merger takes place. That will leave Optomagic with just the Chemizon operations and cash. More details...


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