Alaunos Therapeutics Announces Acquisition of Velaris Therapeutics
Story updates
02:32:41 PM UTC
SquawkNews
Alaunos Therapeutics Completes Acquisition of Velaris Therapeutics >TCRT
02:33:19 PM UTC
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Alaunos Therapeutics: Acquisition, Concurrent Oversubscribed $350 M Private Placement Positions Co to Deliver Multiple Proof-Of-Concept Datasets in Pulmonary Arterial Hypertension >TCRT
02:38:03 PM UTC
SquawkNews
Alaunos completed the acquisition of Velaris Therapeutics and closed an oversubscribed $350M private placement, with runway expected into 2029 and clinical proof-of-concept data for VLR199 expected in 2028.Material DetailsContext by AI AnalystThis is a strategy reset via M&A and financing, moving A…