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Paion buys CeNeS for £10mm, creates combined CV/CNS pipeline

Executive Summary

Paion GMBH (thrombotic disease treatments) is acquiring public UK biotech CeNeS Pharmaceuticals PLC in a deal valued at £10.2mm ($20.3mm). CeNeS will receive 0.3521 Paion shares for each of its 21.8mm outstanding shares.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Intra-Biotech Deal
    • Payment Includes Stock

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