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Creative BioMolecules, Ontogeny, Reprogenesis merge

Executive Summary

Creative BioMolecules (tissue regeneration) will acquire private developmental biology biotech Ontogeny and tissue-engineering company Reprogenesis to form a new company Curis--with cash reserves of $70mm--in which CBM will have a 43% position, Ontogeny a 38% stake, and Reprogenesis will hold 19%. For every three Curis shares, stockholders will receive ten CBM shares.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
    • Large Molecule
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Stock
    • Includes Contract

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