Epiva Biosciences has merged with Evelo Biosciences INC to create an immune-microbiome company for the development of therapeutics for cancer, autoimmune and inflammatory diseases.
According to the agreement, the combined company will retain the name of Evelo Biosciences and establish a metasystem combining the microbiome and immune system platforms of both organisations.
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Ningbo Medical System Biotechnology has announced its acquirement of an 80% stake in Shanghai Biological Engineering Co. Ltd.
The company expects to acquire it for a purchase consideration of $1.46m.
Martindale Pharmaceuticals has acquired Viridian Pharma Limited in order to expand its product portfolio and support the growth of its hospital initiated medicines product range.
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According to the agreement, Viridian Pharma will be combined into Martindale Pharma’s existing growing business.
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By GlobalDataThe acquisition will immediately be accretive to the gross earnings.
