BOSTON (Reuters) - SAC Capital Advisors' founder Steven A. Cohen is trying to sell his stake in privately held Kadmon Pharmaceuticals, a person familiar with the matter said on Thursday.
Kadmon was founded by Sam Waksal, who served a five year prison term for insider stock trading. Cohen invested $30 million (18.5 million pounds) in the company.
A spokesman for Kadmon declined to comment. A spokesman for Cohen declined to comment.
(Reporting by Svea Herbst-Bayliss, editing by Richard Valdmanis)
- Private Equity & Hedge Funds
- Kadmon Pharmaceuticals
- SAC Capital Advisors