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Sosei Group Corporation
SOLTF announces that it has acquired Heptares Therapeutics Limited. Sosei has acquired 100% of Heptares' share capital for $180 million in cash consideration and up to $220 million contingent upon the successful progression of the company's pipeline and platform.
The combination will create a leading global biopharmaceutical group with:
-sustainable, proven and highly successful drug discovery and clinical development capabilities for generating innovative medicines;
-a broad and balanced pipeline with strong growth prospects, including products with blockbuster potential;
-access to global pharmaceutical markets;
-regulatory expertise across the EU, US and Japan; and
-a significant cash balance.
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