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HEPABullishM&Anews
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Fatty-Liver Focused Hepion Pharmaceuticals Agrees To Merge With Israel-Based Parkinson's Disease Drug Developer

Jul 22, 2024, 9:41 AM EDT1 sourcesAI-analyzed

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Hepion Pharmaceuticals merges with Pharma Two B for $58.5 million valuation. Combined entity will operate as Pharma Two B and aim for Nasdaq listing. P2B001 targets unmet needs in Parkinson's treatment with once-daily regimen. Hepion initiates $2.9 million private placement of senior notes. Stock price shows a 1.96% increase during premarket trading.

  • Hepion Pharmaceuticals merges with Pharma Two B for $58.5 million valuation.
  • Combined entity will operate as Pharma Two B and aim for Nasdaq listing.
  • P2B001 targets unmet needs in Parkinson's treatment with once-daily regimen.
  • Hepion initiates $2.9 million private placement of senior notes.
  • Stock price shows a 1.96% increase during premarket trading.

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