Cancer Genetics (Vyant Bio) Acquires StemoniX
March 31, 2021
Cancer Genetics, Inc. completed a merger with StemoniX, Inc. and renamed the combined company Vyant Bio, Inc., with the new ticker VYNT on Nasdaq. StemoniX will operate as a wholly-owned subsidiary as the combined business integrates human iPSC-derived biology, software and preclinical capabilities to create a unified drug discovery platform.
- Buyers
- Vyant Bio, Inc. (formerly Cancer Genetics, Inc.)
- Targets
- StemoniX, Inc.
- Sellers
- Former holders of StemoniX common stock, preferred stock, convertible notes and certain warrants
- Industry
- Biotechnology
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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