TenX Keane Acquisition Merges with Citius Pharmaceuticals' Oncology Subsidiary to Form Citius Oncology, Inc.
August 12, 2024
TenX Keane Acquisition (Nasdaq: TENK) completed a merger with Citius Pharmaceuticals' wholly owned oncology subsidiary to form the publicly traded Citius Oncology, Inc. Citius Pharmaceuticals retains approximately 90% ownership of the new company, which will commercialize the recently FDA-approved oncology therapy LYMPHIR and trade on Nasdaq under the ticker CTOR.
- Buyers
- TenX Keane Acquisition (Nasdaq: TENK)
- Targets
- Citius Oncology, Inc.
- Sellers
- Citius Pharmaceuticals, Inc.
- Industry
- Biotechnology
- Location
- New Jersey, United States
- Transaction Type
- Divestiture
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