Nuformix PLC Valuation24 Apr 2020 10:14
Or just a deal for NXP002?
Promedior Announces Completion of Acquisition by Roche
Feb. 13, 2020
LEXINGTON, Mass., /PRNewswire/ -- Promedior, Inc. today announced the successful completion of its previously announced sale to Roche (SIX: RO, ROG;OTCQX: RHHBY). With this acquisition, Roche obtained full rights to Promedior's entire portfolio of molecules for serious fibrotic diseases, notably PRM-151. Under the terms of the merger agreement, Roche made an upfront cash payment of USD 390 million, with additional contingent payments of up to USD 1 billion to be made based on the achievement of certain predetermined development, regulatory and commercial milestones.