ARTICLE | Company News
Bioverativ aquiring True North
May 26, 2017 12:24 PM UTC
Bioverativ Inc. (NASDAQ:BIVV) said it will acquire rare disease company True North Therapeutics Inc. (South San Francisco, Calif.). The deal gives Bioverativ rights to True North's TNT009, which has completed a Phase Ib trial to treat cold agglutinin disease (CAD).
True North's shareholders will receive $400 million up front and are eligible for $425 million in milestones...
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