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Biotechnology M&A image Biotechnology M&A » By The Online Investor Staff, updated Tue., Apr. 20, 2:55 AM Recent mergers and acquisitions in the Biotechnology M&A category.

Slide #53. BELLUS Health Thallion Pharmaceuticals

Acquirer: BELLUS Health (BLU.CA)
Acquiree: Thallion Pharmaceuticals (TLN.CA)
Details: BELLUS Health Inc. ("BELLUS Health") (TSX: BLU) today announced the consummation of the previously announced arrangement pursuant to which BELLUS Health has acquired all of the issued and outstanding common shares of Thallion Pharmaceuticals Inc. ("Thallion") (TSX-V: TLN) for a purchase price of $6.266 million or $0.1889 per common share, and the issuance of one contingent value right per common share.

BELLUS Health is a clinical-stage biopharmaceutical company. Co.'s primary drug candidate is BLU-5937, being developed for the treatment of chronic cough. In preclinical studies, BLU-5937 exhibited an anti-tussive effect without affecting taste perception and a safety profile. BLU-5937 has the potential to be therapeutic for chronic cough patients who do not respond to existing therapies. The Phase 1 data demonstrated that BLU-5937 has a tolerability profile, as well as a pharmacokinetic profile supporting twice-a-day dosing. Co. has obtained from NEOMED Institute an exclusive worldwide license to develop and commercialize BLU-5937.

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BELLUS Health is a clinical-stage biopharmaceutical company. Co.'s primary drug candidate is BLU-5937, being developed for the treatment of chronic cough. In preclinical studies, BLU-5937 exhibited an anti-tussive effect without affecting taste perception and a safety profile. BLU-5937 has the potential to be therapeutic for chronic cough patients who do not respond to existing therapies. The Phase 1 data demonstrated that BLU-5937 has a tolerability profile, as well as a pharmacokinetic profile supporting twice-a-day dosing. Co. has obtained from NEOMED Institute an exclusive worldwide license to develop and commercialize BLU-5937.

Open the TLN.CA Page at The Online Investor »

Company Name: 
BELLUS Health Inc
Website: 
www.bellushealth.com
Sector: 
Biotechnology
Number of ETFs Holding BLU.CA: 
1
Total Market Value Held by ETFs: 
$183131
Total Market Capitalization: 
$238.00M
% of Market Cap. Held by ETFs: 
0.08%
Company Name: 
Thallion Pharmaceuticals Inc.
Website: 
www.thallion.com
Sector: 
Biotechnology
 

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