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Asterias and BioTime reverse merge to focus on cancer, neuro cell therapies

Executive Summary

BioTime Inc. is re-acquiring an ownership stake in former subsidiary Asterias Biotherapeutics Inc., resulting in a merged cell therapy company in which Asterias will be the surviving entity and hold 16.2%.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Partial Acquisition
    • Intra-Biotech Deal
    • Reverse Acquisition
    • Payment Includes Stock
    • Includes Contract

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