NextCure (NXTC) signed a definitive all-stock merger agreement with privately held Avere Therapeutics, focused on oral IL-23 therapies for inflammatory diseases. The deal is an acquisition of an oral-therapy biotech platform and is likely to be viewed as strategically positive, but magnitude and valuation details are not provided in the excerpt.
NextCure (NXTC) signed a definitive all-stock merger agreement with privately held Avere Therapeutics, focused on oral IL-23 therapies for inflammatory diseases. The deal is an acquisition of an oral-therapy biotech platform and is likely to be viewed as strategically positive, but magnitude and valuation details are not provided in the excerpt.
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