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August 7, 2023
by info@virtueinsight.comNews

BioNTech Finalizes Acquisition of InstaDeep for $549M

  BioNTech has officially completed the acquisition of InstaDeep Ltd.—a technology company in the artificial intelligence (AI) and machine learning (ML) space— for approximately $549 million.  The takeover follows a collaboration between the two parties since 2019 and an equity...
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August 7, 2023
by info@virtueinsight.comNews

Biogen to Buy Reata for $7.3 Billion in Rare-Disease Deal

Biogen agreed to give $172.50 per share in cash to Reata, accompanied by term debt issuance. The transaction will close in the fourth quarter of 2023. Biogen’s president and chief executive officer, Christopher Viehbacher, said the company believes it has the foundation in place to...
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August 7, 2023
by info@virtueinsight.comNews

Carmell to merge with regenerative medicine company Axolotl

    Regenerative medicine company, Carmell Therapeutics, announced the execution of a definitive agreement and plan of merger (the “Merger Agreement”) with Flagstaff-based Axolotl Biologix. Axolotl develops, designs, and sells products that are human amnion-based, for...
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August 7, 2023
by info@virtueinsight.comNews

Quince Therapeutics To Acquire EryDel

    Quince Therapeutics (Nasdaq: QNCX) in its agreement to acquire EryDel SpA in a stock-for-stock upfront exchange and potential downstream milestone cash payments. Quince Therapeutics is a biotechnology company focused on acquiring, developing, and commercializing...
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