Gemphire Therapeutics and NeuroBo Pharmaceuticals completed their merger.

Gemphire Therapeutics, a clinical-stage biopharmaceutical company focused on developing therapies for the treatment of dyslipidemia as well as nonalcoholic fatty liver disease, and NeuroBo Pharmaceuticals, a privately-held clinical-stage biotechnology company focused on novel, disease-modifying therapies for neurodegenerative diseases, completed their merger. Financial terms were not disclosed. "We are excited about the opportunities and resources that will become available to NeuroBo and its therapeutic pipeline as a result of the merger. As we move towards developing both NB-01 and NB-02, we believe that having shares publicly traded on Nasdaq will provide greater opportunity to advance our therapeutic pipeline and corporate strategy," John L. Brooks III, NeuroBo Pharmaceuticals President and Chief Executive Officer.