EyeGate Pharma names new CEO, shares surge

Kiora Pharmaceuticals

26/07/2021 22:36

** Eye drug developer's shares  EYEG.O  jump as much as
89.3% to $5.9 in extended trading 
    ** Co names Brian Strem as president, CEO and board member,
effective immediately  urn:newsml:reuters.com:*:nGNX3lYGzl
    ** Strem is former CEO of biotech co Okogen and co-founder,
managing director of Bayon Therapeutics
    ** EyeGate says it has also entered into a non-binding
letter of intent to acquire Bayon
    ** Stock down ~36% YTD, as of last close 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))