PRVB · Provention Bio
Acquired Company
Sanofi completed its acquisition of Provention Bio, Inc. on 4/27/2023 for $25.00 per share in cash, representing an equity value of approximately $2.9 billion.
Provention Bio, Inc. is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated disease. The Biologics License Application (BLA) for teplizumab, its lead investigational drug candidate, for the delay or prevention of clinical type 1 diabetes in at-risk individuals, has been filed by the U.S. Food and Drug Administration (FDA). The Company's pipeline includes additional clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in other autoimmune diseases, including celiac disease and lupus.
Market Cap
N/A
52 Wk Range
N/A - N/A
Previous Close
$24.98
Open
$24.98
Volume
218,200
Day Range
$24.98 - $24.98
Enterprise Value
N/A
Cash
N/A
Avg Qtr Burn
N/A
Insider Ownership
4.62%
Institutional Own.
53.26%
Qtr Updated
Sep 30th 2024
