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EyeGate buys Jade Therapeutics for $2.57mm in stock, plus earnouts

Executive Summary

EyeGate Pharmaceuticals Inc. acquired privately held ophthalmic firm Jade Therapeutics Inc. for $2.57mm in stock (EyeGate issued about 766k common shares) and will repay Jade liabilities of up to $300k. The deal also includes a $2.16mm potential earn-out payment should one of Jade's products receive FDA approval.

Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
      • Site Specific
  • Medical Devices
    • Biomaterials
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Contract
    • Includes Earnout
    • Intra-Biotech Deal
    • Payment Includes Stock

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