ExonHit Announces Final Terms for RedPath Acquisition | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – ExonHit Therapeutics today disclosed the final terms of its proposed acquisition of RedPath.

Under the terms, which are up for a vote by shareholders, ExonHit will pay $12.5 million in cash and $10 million in stock. ExonHIt will issue 2,834,412 new shares of its stock, which represents 7.95 percent of the 35,656,294 ordinary shares that will be outstanding after the close of the purchase.

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.

Harold Varmus, a former NIH director, says that proposed reductions to the agency's budget are worrisome.

The Genome 10K project is to sequence about 10,000 vertebrate genomes, including ones of endangered species, Digital Trends reports.

The new Coalition to Save NIH Funding aims to educate lawmakers and the public on the significance of biomedical research.

In PLOS this week: analysis of viral sequences from human blood samples, gut microbiomes of heart failure patients, and more.