Brief: Vela Technologies To Sell Economic Interest In Commercialisation Of COVID Application Of AZD1656 For £4 Mln

CDT Equity

20/04/2023 18:05

April 20 (Reuters) - Vela Technologies PLC  VELA.L :
    * VELA TECHNOLOGIES  - OPTION FOR POTENTIAL SALE OF INTEREST
IN
AZD1656
    * VELA TECHNOLOGIES PLC - TO SELL ITS ECONOMIC INTEREST IN
COMMERCIALISATION OF COVID-19 APPLICATION OF AZD1656 FOR A TOTAL
CONSIDERATION OF £4.0 MILLION.
    * VELA TECHNOLOGIES PLC - OPTION IS BEING GRANTED BY CONDUIT
PHARMACEUTICALS LIMITED AND ITS PROSPECTIVE PARENT COMPANY,
MURPHY CANYON ACQUISITION CORP

Source text for Eikon:  ID:nRST9552Wa 
Further company coverage:  VELA.L 

 ((Reuters.Briefs@thomsonreuters.com;))