Brief: Avalo Enters Into Agreement To Divest Avtx-800 Series

Avalo Therapeutics

12/09/2023 12:07

Avalo Therapeutics Inc  AVTX.O :
    * AVALO ENTERS INTO AGREEMENT TO DIVEST AVTX-800 SERIES
    * AVALO THERAPEUTICS: ENTERED AGREEMENT WITH AUG
THERAPEUTICS TO
SELL ITS RIGHTS, TITLE, INTEREST IN, ASSETS RELATING TO
AVTX-801, AVTX-802 AND AVTX-803
    * AVALO THERAPEUTICS - DEAL TO HAVE AN IMMEDIATE POSITIVE
IMPACT
ON OUR CASH FLOW AND REDUCE UTILIZATION OF OUR INTERNAL
RESOURCES FOR NON-CORE ASSETS

Source text for Eikon:  ID:nGNX3pRrRQ 
Further company coverage:  AVTX.O