Acquired Company
Sobi completed the acquisition of CTI BioPharma Corp. on June 26, 2023 for USD 9.10 per share in cash, net to the seller thereof in cash, without interest and subject to any applicable withholding taxes, and CTI became an indirect wholly owned subsidiary of Sobi.
CTI BioPharma Corp. is a biopharmaceutical company focused on the acquisition, development and commercialization of novel targeted therapies for blood-related cancers that offer a unique benefit to patients and their healthcare providers. The company concentrates its efforts on treatments that target blood-related cancers where there is an unmet medical need. In particular, we are focused on evaluating pacritinib, our sole product candidate currently in active late-stage development, for the treatment of adult patients with myelofibrosis. In addition, the company has recently started developing pacritinib for use in hospitalized patients with severe COVID-19, in response to the COVID-19 pandemic. The company's headquartered in Seattle, Washington. Show more
3101 Western Ave Ste 800, Washington, 98121-3017, US
Market Cap
0.00
52 Wk Range
$N/A - $N/A
Previous Close
$9.09
Open
$9.09
Volume
N/A
Day Range
$9.09 - $9.09
Enterprise Value
0.00
Cash
0.00
Avg Qtr Burn
N/A
Insider Ownership
5.50%
Institutional Own.
83.29%
Qtr Updated
06/30/24
Only showing assets and stage. See catalyst data with a free or premium account. Unlock more data with a free account.
| Drug & Indication | Stage & Event | Catalyst Date |
|---|---|---|
VONJO (Pacritinib) (JAK2 oral kinase inhibitor) Details Myelofibrosis, Solid tumor/s, Cancer | Approved Quarterly sales |
