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Home › Microlin Bio buys Marina Biotech's nucleic acid therapeutics assets in cash-and-stock deal

 

Microlin Bio buys Marina Biotech's nucleic acid therapeutics assets in cash-and-stock deal

2016-03-16 19:30:38| Biotech - Topix.net

Microlin Bio and Marina Biotech execute a term sheet under which Microlin intends to acquire Marina's nucleic acid therapeutics assets for 6.7M shares of Microlin stock and ~$1M in cash. Based on the recent price of $1.50 per share of MICB, the deal is valued at slightly more than $11M.

Tags: deal acid bio assets

Category:Biotechnology and Pharmaceuticals

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