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Relief and AdVita Sign Binding Term Sheet for Relief to Acquire All Shares of AdVita to Expand Scope of Development of Inhaled Formulation of Aviptadil

Relief Therapeutics Holding AG: Relief and AdVita Sign Binding Term Sheet for Relief to Acquire All Shares of AdVita to Expand Scope of Development of Inhaled Formulation of Aviptadil


Relief Therapeutics Holding AG: Relief and AdVita Sign Binding Term Sheet for Relief to Acquire All Shares of AdVita to Expand Scope of Development of Inhaled Formulation of Aviptadil
Relief ), a biopharmaceutical company with its lead compound RLF-100
TM (Aviptadil) in advanced clinical development to treat severe COVID-19 patients, and AdVita Lifescience GmbH (
AdVita ), a Germany-based, privately held pharmaceutical company developing effective products and strategies to improve the treatment and diagnosis of rare lung diseases, today announced the companies have signed a binding term sheet for Relief to acquire all shares of AdVita in exchange for EUR 25 million of Relief common shares, plus possible future contingent milestone payments of up to EUR 20 million. The closing of the transaction is subject to customary closing conditions as well as legal and securities regulatory approvals and is expected to occur in Q2 2021. ....

United States , Baden Wuberg , Anne Hennecke Brittney Sojeva , Dorian Bevec , Wolfgang Hoppe , Advita Lifescience Gmbh , Raghuram Ram Selvaraju , Jack Weinstein , Advita Lifescience Gmb , Mc Services , Relief Therapeutics Holdings , Neurorx Inc , Swiss Exchange , Acute Respiratory Distress Syndrome , Checkpoint Inhibitor Induced Pneumonitis , Chronic Beryllium Disease , Use Investigational New Drug , Expanded Access Protocol , Vita Lifescience Gmbh , ஒன்றுபட்டது மாநிலங்களில் , ஓநாய் ஹாப் , ரகுராம் ரேம் செல்வராஜு , பலா வெய்ன்ஸ்டீன் , ம்ஸீ சேவைகள் , துயர் நீக்கம் சிகிச்சை ஹோல்டிங்ஸ் , சுவிஸ் பரிமாற்றம் ,