CTIC · CTI BioPharma
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.
Market Cap
N/A
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
N/A
Cash
N/A
Avg Qtr Burn
N/A
Insider Ownership
5.50%
Institutional Own.
83.29%
Qtr Updated
Jun 30th 2024
