23948sdkhjf
Log in or create to bookmark articles
Get access to all content on Life Science Focus
No commitment or card information required
Applies to personal subscription only.
Contact us for a enterprise solution.
Advertisement
Advertisement

Egetis receives SEK 5.3 billion takeover bid from US company

US-based ANI Pharmaceuticals has made a SEK 5.3 billion takeover bid for Swedish biotech company Egetis Therapeutics. The Egetis board has unanimously recommended that shareholders accept the offer.
Advertisement

Swedish biotech company Egetis has had an eventful autumn. In late September, its drug Emcitate received FDA approval for the rare genetic disorder MCT8 deficiency, and this week the company entered into an agreement to sell its Priority Review Voucher (PRV) for $190 million.

Now comes another major development. US-based ANI Pharmaceuticals has made an all-cash takeover offer of SEK 11.25 per share, valuing Egetis at approximately SEK 5.3 billion. 

Advertisement Advertisement
BREAKING
{{ article.headline }}
0.079|instance-web02