Solvonis Therapeutics to Acquire Awakn Life Sciences
The biotechnology company is acquiring Awakn Life Sciences, a firm developing therapeutics for addiction, in a deal valued at approximately £4.98 million.
The biotechnology company is acquiring Awakn Life Sciences, a firm developing therapeutics for addiction, in a deal valued at approximately £4.98 million.
The therapeutics developer reported zero revenue as it transitions to mental health treatments. Despite reduced losses, material uncertainties remain regarding going concern and future funding needs.
The biotechnology company announces posting of a circular and notice of a general meeting to seek shareholder approval for the proposed acquisition and fundraising.
The specialty industrial machinery company has announced a change in shareholding, with Spreadex LTD increasing its stake to 7.12%.
The biotechnology company has engaged a transaction advisory firm to support the commercialisation of two clinical-stage programmes targeting the treatment of Alcohol Use Disorder.
The biotechnology company provides an update on the progress of its European patent application for a mental health treatment program.
The biotechnology company provides an update on the development of its AWKN-SDN-14 programme, including the appointment of Evotec to conduct preclinical testing.
The company has announced a change in major shareholding, with a director acquiring a 5.11% stake.
The biotechnology company has appointed a pharmaceutical industry veteran with over 40 years of experience to its board of directors, strengthening its expertise in drug development and commercialization.
The biotechnology company will be presenting at an industry event, creating a platform for potential partnerships and deals.