Brief: Vtv Therapeutics Announces Investment By Cinrx Pharma

vTv Therapeutics

25/07/2022 12:27

July 25 (Reuters) - vTv Therapeutics Inc  VTVT.O :
    * VTV THERAPEUTICS ANNOUNCES INVESTMENT BY CINRX PHARMA
    * VTV THERAPEUTICS INC - CINPAX ACQUIRED 4.2 MILLION SHARES
OF VTV
AT ABOUT $2.41 PER SHARE
    * VTV THERAPEUTICS INC - $6 MILLION DEAL VALUE PAID IN CASH
AT
CLOSING, AND REMAINING $4 MILLION IS PAYABLE ON NOVEMBER 22,
2022
    * VTV THERAPEUTICS - WILL LEVERAGE CINRX TEAM'S EXPERIENCE
TO
COLLABORATE ON OVERSIGHT OF CLINICAL TRIALS FOR PHARMACEUTICAL
PRODUCTS CONTAINING TTP399

Source text for Eikon:  ID:nGNX4sZrlR 
Further company coverage:  VTVT.O 

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