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0.622641509433962 0.622641509433962 0.622641509433962 0.641509433962264 0.641509433962264 0.660377358490566 0.811320754716981 0.773584905660378
Stock impact report

United Therapeutics to Acquire SteadyMed Ltd.

STEADYMED LTD (STDY) 
Last steadymed ltd earnings: 8/14 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.steadymed.com/investor-overview
Company Research Source: GlobeNewswire
SILVER SPRING, Md. and SAN RAMON, Calif., April 30, 2018 (GLOBE NEWSWIRE) -- United Therapeutics Corporation (NASDAQ:UTHR) and SteadyMed Ltd. (NASDAQ:STDY) announced today the signing of a definitive merger agreement under which United Therapeutics will acquire SteadyMed for $4.46 per share in cash at closing and an additional $2.63 per share in cash upon the achievement of a milestone related to the commercialization of Trevyent®. The transaction, including the $75 million in contingent consideration, is valued at $216 million. SteadyMed is a specialty pharmaceutical company focused on the development and commercialization of drug product candidates to treat orphan and high-value diseases with unmet parenteral delivery needs. SteadyMed’s product portfolio includes Trevyent, a development-stage drug-device combination product that combines SteadyMed’s two day, single use, disposable PatchPump® technology with treprostinil, a vasodilatory prostacyclin analogue, for the subcutaneous Show less Read more
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