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Darwin $120 mil. acquisition by Chiroscience combines genomic, chiral technologies.

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Executive Summary

DARWIN $120 MIL. ACQUISITION BY CHIROSCIENCE WILL COMBINE GENOMIC AND CHIRAL technologies within the Cambridge, U.K.-based drug discovery company. According to the terms of a conditional merger agreement announced Nov. 20, Chiroscience will issue to Darwin Molecular shareholders between 17.4 mil. and 21.3 mil. shares depending on the market price of Chiroscience's shares over a period of 10 days ending Dec. 16.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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