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Aphton acquires igeneon for $74mm in stock

Executive Summary

Aphton Corp. (immunotherapies for cancer and other diseases) has entered into a definitive agreement to acquire privately held igeneon AG (cancer therapeutics). Igeneon shareholders will receive 21.5mm shares of Aphton's stock for all of the company's outstanding equity; based on Aphton's pre-announcement market average price, the deal is valued at about $74mm.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Vaccines
  • Biotechnology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Intra-Biotech Deal
    • Payment Includes Stock

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