Announced
Completed
Financials
Tags
Completed
treatment development
Friendly
United States
Public
biotechnology company
Acquisition
Single Bidder
Biotechnology
Minority
Synopsis
Innoviva, a healthcare focused asset management company, completed a $25m investment in Armata Pharmaceuticals, a biotechnology company focused on precisely targeted bacteriophage therapeutics for antibiotic-resistant infections. "The completion of our $25m financing with Innoviva provides our company with significant resources that will allow us to efficiently advance our pipeline of phage-based therapeutics to treat multi-drug resistant bacterial infections," Todd R. Patrick, Armata CEO.
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