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EpiCept and Immune Pharmaceuticals merge
26 Aug 2013
Executive Summary
EpiCept Corp. (developing therapies for pain and cancer) will issue shares of its own common stock to acquire all of the outstanding shares of privately owned Immune Pharmaceuticals Ltd. (antibodies for inflammatory diseases and oncology). The value of the deal has not been disclosed, but is structured as a reverse merger, with EpiCept shareholders owning 22.5% of the combined entity--Immune Pharmaceuticals Inc.--and Immune Pharmaceuticals Ltd. shareholders owning 77.5%.
Deal Industry
- Pharmaceuticals
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Biotechnology
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Large Molecule
- Antibodies
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Large Molecule
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Intra-Biotech Deal
- Payment Includes Stock
- Reverse Acquisition
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