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New Deal


Announced

Completed

Kriya completed the acquisition of Tramontane Therapeutics.

Financials

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

Tags

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Spain

Medical Services

Private

gene therapy company

Acquisition

Majority

Cross Border

Completed

Friendly

Single Bidder

Synopsis

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Kriya, a biopharmaceutical company developing gene therapies, completed the acquisition of Tramontane Therapeutics, a private gene therapy company focused on developing treatments for metabolic and neurodegenerative diseases. Financial terms were not disclosed. "We are very impressed with the data associated with the Tramontane FGF21 program, which has consistently established strong efficacy and durability across multiple validated animal models of obesity and NASH. The addition of Tramontane’s FGF21 program strategically aligns with our Metabolic Disease portfolio which also includes a one-time gene therapy candidate for insulin-dependent diabetes," Shankar Ramaswamy, Kriya Co-Founder and CEO.

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