NeoStem Signs Definitive Merger Agreement to Acquire Amorcyte in Equity Transaction; Neostem Will Issue 6.8M Shares, 1.9M Warrants to Buy

NeoStem, Inc. NBS announced the signing of a definitive merger agreement whereby NeoStem will acquire Amorcyte, Inc.,  a  development stage cell therapy company focusing on novel treatments for cardiovascular disease. Amorcyte's lead product candidate, AMR-001, is ready to initiate a Phase II study for the  treatment of acute myocardial infarction.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsM&AFinancialsMulti-line Insurance
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!