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Stock impact report

Impel Pharmaceuticals Announces Exploration of Strategic Alternatives

Impel Pharmaceuticals Inc. (IMPL) 
Company Research Source: GlobeNewswire
SEATTLE, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Impel Pharmaceuticals Inc. (NASDAQ: IMPL) (“Impel” or “the Company”), a commercial-stage biopharmaceutical company with a mission to develop transformative therapies for people suffering from diseases with high unmet medical needs, today announced that it has initiated an exploration of strategic alternatives. As part of this process, the Company plans to consider a wide range of options with a focus on maximizing shareholder value, including a potential sale of assets of the Company, a sale of all of the Company, a merger or other strategic transactions. As the Company explores strategic options, Impel continues to provide full commercial support behind Trudhesa, including Trudhesa Direct access support. The Company has engaged Moelis & Company LLC to act as its financial advisor and Fenwick & West to act as its legal advisor in connection with this review. There can be no assurance that this process will result in the Company pursuing o Show less Read more
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