Arbutus to Receive $116 Million Strategic Investment from Roivant Sciences
Arbutus Biopharma Corporation (ABUS)
Last arbutus biopharma corporation earnings: 11/6 07:30 am
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US:NASDAQ Investor Relations:
investor.arbutusbio.com/node/5806
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Source: GlobeNewswire
Cash to Provide Significant Support for Arbutus to Fund HBV R&D PipelineRoivant to Support Accelerating Development of Arbutus’ HBV Pipeline and Maximizing the Value of Arbutus’ LNP Assets VANCOUVER, British Columbia and WARMINSTER, Pa., Oct. 02, 2017 (GLOBE NEWSWIRE) -- Arbutus Biopharma Corporation (Nasdaq:ABUS), an industry-leading hepatitis B virus (HBV) therapeutic solutions company, today announced that it has signed a share purchase agreement with Roivant Sciences for the sale of convertible preferred shares (“Preferred Shares”) for gross proceeds of $116.4 million. Arbutus intends to use the proceeds to further develop and advance its clinical and preclinical HBV pipeline programs. “We are pleased to receive this strategic investment from Roivant, Arbutus’ largest existing shareholder and a company known for its innovative approach to drug development,” said Dr. Mark J. Murray, President and CEO of Arbutus. “This financing meaningfully extends Arbutus’ operating runway to
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News
- Arbutus Reports First Quarter 2024 Financial Results and Provides Corporate Update [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Arbutus Announces Retirement of Chief Scientific Officer, Michael J. Sofia, PhD, Effective December 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Arbutus Reports First Quarter 2024 Financial Results and Provides Corporate Update [Yahoo! Finance]Yahoo! Finance
- Arbutus Reports First Quarter 2024 Financial Results and Provides Corporate UpdateGlobeNewswire
- Arbutus Announces Retirement of Chief Scientific Officer, Michael J. Sofia, PhD, Effective December 31, 2024GlobeNewswire
ABUS
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- 5/2/24 - In-Line
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Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 5/2/24 - Form 8-K
- ABUS's page on the SEC website