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Published on 1/24/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Panacea Biotec to consider redeeming 0% convertibles at board meeting

By Devika Patel

Knoxville, Tenn., Jan. 24 - Panacea Biotec Ltd. informed the Bombay Stock Exchange that it will consider plans to redeem its zero-coupon convertible bonds at a board of directors meeting on Jan. 28.

Mumbai, India-based Panacea Biotec makes and markets vaccines and biotechnology-based products.


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