Aditxt, Inc. to Acquire Evofem Biosciences, Inc. to Build a Global Women’s Health Platform
December 12, 2023
Aditxt, Inc. (NASDAQ: ADTX) signed a definitive agreement to acquire Evofem Biosciences, Inc. (OTCQB: EVFM) in a transaction with an aggregate value of approximately $100 million, using a mix of Aditxt common and preferred stock plus assumption of certain senior indebtedness. The deal is intended to create a women’s health mission within Aditxt and position Evofem’s Phexxi and other products for global expansion.
- Buyers
- Aditxt, Inc.
- Targets
- Evofem Biosciences, Inc.
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Buyout
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