Announced
Completed
Financials
Tags
Domestic
Private
Single Bidder
Majority
Merger
Acquisition
United States
Friendly
clinical research
Biotechnology
Completed
Synopsis
Talaris Therapeutics, a biotechnology company, completed the merger with Tourmaline Bio, a late-stage clinical biotechnology company. Financial terms were not disclosed. “We are thrilled to close this transaction and move Tourmaline into its next phase as a public company, leading an IL-6 renaissance and continuing to accelerate TOUR006 through late-stage clinical trials in TED, ASCVD and other diseases,” Sandeep Kulkarni, Tourmaline Managing Director and CEO.
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