Brief: Solid Biosciences Announces Closing Of Acquisition Of AavantiBio, Concurrent $75 Mln Private Placement

Solid Biosciences

05/12/2022 12:41

Dec 5 (Reuters) - Solid Biosciences Inc  SLDB.O :
    * SOLID BIOSCIENCES ANNOUNCES CLOSING OF ACQUISITION OF
AAVANTIBIO
AND CONCURRENT $75 MILLION PRIVATE PLACEMENT
    * SOLID BIOSCIENCES INC - COMBINED CO HAS ABOUT $215 MILLION
IN
CASH AND INVESTMENTS, WHICH IS EXPECTED TO FUND OPERATIONS INTO
2025

Source text for Eikon:  ID:nGNX4TN1v7 
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 ((Reuters.Briefs@thomsonreuters.com;))