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Announced

Completed

Cyclo Therapeutics completed the merger with Applied Molecular Transport.

Financials

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

Tags

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Pharmaceuticals

United States

biopharmaceuticals

Majority

Merger

Public

Domestic

Completed

Friendly

Single Bidder

Synopsis

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Cyclo Therapeutics, a clinical stage biotechnology company, completed the merger with Applied Molecular Transport, a biopharmaceutical company. Financial terms were not disclosed. “The completion of this merger with Applied Molecular Transport represents a significant milestone and bolsters our confidence and excitement for the future of Cyclo Therapeutics. With the merger now closed and following our recent positive Type C meeting with the FDA, fundamentally the Company has never been stronger. Moving forward, we are focused on completing our Phase 3 study and executing on the regulatory submission process, assuming a successful outcome in our pivotal study. We remain dedicated to providing a much-needed treatment option for NPC patients," N. Scott Fine, Cyclo Therapeutics CEO.

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