Brief: Solid Biosciences Announces Closing Of Acquisition Of AavantiBio, Concurrent $75 Mln Private Placement
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
Further company coverage: SLDB.O
((Reuters.Briefs@thomsonreuters.com;))
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