ABIONYX Pharma Acquires IRIS Pharma via Contribution in Kind
December 6, 2021
ABIONYX Pharma completed a contribution in kind of 100% of the capital of IRIS Pharma Holding, issuing new ABIONYX shares at €3.60 per share to acquire the business. IRIS Pharma will become a subsidiary of ABIONYX while remaining operationally independent as a specialist CRO in ophthalmology, providing ABIONYX with ophthalmology R&D capabilities and a potential portfolio of biologic candidates.
- Buyers
- ABIONYX Pharma
- Targets
- IRIS Pharma Holding, IRIS Pharma
- Industry
- Biotechnology
- Location
- France
- Transaction Type
- Buyout
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