Flex Pharma and Salarius Pharmaceuticals Announce Merger Agreement to Accelerate Clinical Development of Novel Epigenetic Therapy for Cancer
FLEX PHARMA (FLKS)
Last flex pharma earnings: 8/1 07:00 am
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US:NASDAQ Investor Relations:
ir.flex-pharma.com/investor-overview
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Source: Business Wire
– Lead Candidate in Clinical Trial for Treating Ewing Sarcoma – – Salarius Completes $6.4 Million Private Placement – – Conference Call and Live Audio Webcast Scheduled for Today at 9:00 a.m. ET – BOSTON & HOUSTON--(BUSINESS WIRE)-- Flex Pharma, Inc. (NASDAQ: FLKS), and Salarius Pharmaceuticals, LLC, a clinical-stage oncology company targeting the epigenetic causes of cancers, today announced that the companies have entered into a definitive merger agreement under which privately-held Salarius will merge with a wholly-owned subsidiary of Flex Pharma. Management believes that the proposed transaction will position the combined company to recognize multiple value inflection points based on Salarius’ clinical pipeline, which targets rare, orphan cancers with no targeted treatments and cancers that have a high unmet need. Salarius recently completed a $6.4 million private pl
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