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New Deal


Announced

Morphogenesis to merge with CohBar in a $15m deal.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Domestic

Merger

Acquisition

Pending

Single Bidder

Biotechnology

United States

biotechnology

Majority

Public

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Synopsis

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Morphogenesis, a clinical-stage biotechnology company, agreed to merge with CohBar, a clinical-stage biotechnology company, in a $15m deal. “Following a thorough review and evaluation, we believe merging with Morphogenesis and leveraging their late-stage pipeline of novel immuno-oncology technologies represents the best path forward for our stockholders and has the potential to deliver near and long-term value. Our board and management team believe that the combined company will be well-positioned to develop powerful new therapies with the potential to overcome resistance to current immunotherapies, an area of significant unmet need," Joseph Sarret, CohBar CEO.

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