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Nano Cap Lisata Therapeutics Bolsters Cardioendocrine Pipeline Strategy

Source: benzinga.com

M&A & RestructuringPrivate Markets & VentureHealthcare & Biotech
Nano Cap Lisata Therapeutics Bolsters Cardioendocrine Pipeline Strategy

Lisata Therapeutics acquired clinical-stage biotech Marea Therapeutics and completed an oversubscribed $225 million private-placement financing. The transaction materially strengthens Lisata's capital base and expands its clinical-stage biotechnology platform, with likely positive implications for the company's development pipeline.

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