Aditxt Inc. Signs Share Exchange Agreement to Acquire AiPharma Global Holdings LLC
December 28, 2021
Aditxt Inc. (Nasdaq: ADTX) signed a share exchange agreement to acquire AiPharma Global Holdings LLC, a wholly owned subsidiary of AiPharma Group Ltd., in a two-step transaction that initially transfers a 9.5% interest followed by the remaining 90.5% subject to closing conditions and shareholder/Nasdaq approvals. The deal would give Aditxt commercial presence in infectious disease therapeutics and access to AiPharma's rights to Avigan (favipiravir) and related antiviral assets and distribution networks.
- Buyers
- Aditxt Inc. (Nasdaq: ADTX)
- Targets
- AiPharma Global Holdings LLC
- Sellers
- AiPharma Group Ltd.
- Industry
- Biotechnology
- Location
- United Kingdom
- Transaction Type
- Buyout
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