Aviragen to merge with Vaxart [Seeking Alpha]
Atea Pharmaceuticals, Inc. - common stock (AVIR)
US:NASDAQ Investor Relations:
investors.aviragentherapeutics.com/news-releases/news-release-details/aviragen-therapeutics-and-vaxart-enter-merger-agreement
Company Research
Source: Seeking Alpha
Aviragen to merge with VaxartAviragen Therapeutics (NASDAQ:AVIR) inks amerger agreement with privately heldVaxart, a developer of oral recombinant vaccines. The combined company will do business as Vaxart (VXRT) focused on orally delivered therapeutics and preventative treatments for a range of viral infections.Vaxart's oral vaccine pipeline includes norovirus, human papilloma virus (HPV), respiratory syncytial virus (RSV) and influenza.Under the terms of the agreement, Vaxart shareholders will own ~60% of the combined organization while Aviragen shareholders will own ~40%. The deal values Vaxart and Aviragen at $90M and $60M, respectively.The transaction should close in Q1 2018.Aviragen will cut six positions, leaving 10 employees to complete the BTA074 Phase 2 study and assist with the transition to Vaxart.The companies will host a conference call this morning at 8:30 am ET to discuss the tie-up.Now read:Your Daily Pharma Scoop: Celgene's Big Fall, Tesaro's Varubi Approval, TG Thera
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News
- Atea Pharmaceuticals Completes Patient Enrollment in Global Phase 3 SUNRISE-3 Trial Evaluating Oral Antiviral Bemnifosbuvir for COVID-19 in High-Risk Patients [Yahoo! Finance]Yahoo! Finance
- Atea Pharmaceuticals Completes Patient Enrollment in Global Phase 3 SUNRISE-3 Trial Evaluating Oral Antiviral Bemnifosbuvir for COVID-19 in High-Risk PatientsGlobeNewswire
- Atea Pharmaceuticals, Inc. (NASDAQ:AVIR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Atea Pharmaceuticals Inc (AVIR) Announces Q4 and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Atea Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update [Yahoo! Finance]Yahoo! Finance
AVIR
Earnings
- 2/28/24 - Miss
AVIR
Sec Filings
- 2/28/24 - Form 10-K
- 2/28/24 - Form 8-K
- 2/15/24 - Form SC
- AVIR's page on the SEC website