VistaGen Gets $36M Through Sale of Majority Stake | GenomeWeb

NEW YORK (GenomeWeb News) – VistaGen Therapeutics, a developer of bioassays for drug rescue projects, has signed a strategic financing agreement that will bring in proceeds of $36 million.

Under the agreement, VistaGen will provide 72 million shares of its restricted common stock at $.50 per share to the European subsidiary of Bergamo Acquisition Corp. The deal will provide Bergamo with a majority stake in VistaGen, which currently has around 20 million shares outstanding.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

Biomedical research projects are generating a ton of data that still needs to be analyzed, NPR reports.

Theranos is retiring some of its board members, including Henry Kissinger and George Shultz, Business Insider reports.

The heads of 29 scientific societies and some 2,300 researchers call on President-elect Donald Trump to rely on and support science in two separate letters.

In Science this week: genetically modified flu virus could be key to new live vaccines, and more.