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Biotechnology M&A image Biotechnology M&A » By The Online Investor Staff, updated Tue., Apr. 20, 3:27 AM Recent mergers and acquisitions in the Biotechnology M&A category.

Slide #79. ProStrakan Group plc GTx, Inc.

Acquirer: ProStrakan Group plc
Acquiree: GTx, Inc. (GTXI)
Details: GTx, Inc. announced that it has sold to ProStrakan Group plc (ProStrakan) its rights and related assets in the metastatic breast cancer product, Fareston, for total cash consideration of $21.7 million. After deducting cash expenses relating to the transaction, GTx will receive net cash proceeds from the sale of approximately $19 million. Fareston (toremifene citrate) 60 mg tablets is a selective estrogen receptor modulator approved in the United States for the treatment of metastatic breast cancer in postmenopausal women.



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Company Name: 
Oncternal Therapeutics Inc
Website: 
www.gtxinc.com
Sector: 
Biotechnology
 

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Hold (2.00 out of 4)
100th percentile
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