BergenBio and Oncoinvent has signed an agreement for a merger in which BerGenBio will become the acquiring company. The merger, which values BerGenBio at NOK 65 million and Oncoinvent at NOK 195,5 million, is followed by a guaranteed rights issue of NOK 130 million. The issue will finance Oncoinvent's clinical development of Radspherin until 2027. The merger is supported by the major owners Meteva and Hadean Ventures, and is expected to be completed in September 2025.
Notes
Lundbeck enters the fight for Avadel
Klaria's partner CNX starts production of migraine film
Sofinnova Partners raises EUR 650 million in new fund
Merck acquires Cidara for approximately USD 9,2 billion
Coegin Pharma launches first Follicopeptide product
Ascelia Pharma receives FDA acceptance for Orviglance application
Diamyd Medical passes safety review ahead of Phase III readout
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