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0.29585798816568 0.248520710059172 0.301775147928994 0.556213017751479 1.09473372781065 1.23094674556213 1.51485207100592 1.91721893491124
Stock impact report

Cyclerion Therapeutics and Korsana Biosciences Announce Merger Agreement

Cyclerion Therapeutics, Inc. (CYCN) 
Company Research Source: Business Wire
Combined company to operate as Korsana Biosciences and to advance Korsana’s potential best-in-class therapeutics to treat neurodegenerative diseasesKorsana’s lead program KRSA-028 is a next-generation shuttled monoclonal antibody targeting amyloid beta for the treatment of Alzheimer’s diseaseConcurrent private financing of approximately $380 million expected to fund Korsana’s operations into 2029, including multiple clinical trial data readouts expected in 2027Conference call scheduled for April 1, 2026, at 8:00 am ET WALTHAM, Mass.--(BUSINESS WIRE)--Cyclerion Therapeutics, Inc. (“Cyclerion”) (Nasdaq: CYCN) and Korsana Biosciences, Inc. (“Korsana”), a privately-held biotechnology company discovering and developing novel therapies to reduce the burden of neurodegenerative diseases, today announced that they have entered into a definitive merger agreement for an all-stock transaction. Upon completion of the transaction, the combined company plans to operate under the name Korsana Bio Show less Read more
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