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Investors buy out ReNeuron Holdings

Executive Summary

The Merlin Consortium is buying Europe's first publicly traded stem cell firm ReNeuron Holdings PLC (therapeutics for neurological disorders) for £3.6mm ($5.7mm), or about 181 times its 2002 revenues. St. James's will delist ReNeuron from the London AIM (taking it to the private sector) and rename it ReNeuron Ltd.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Stock
    • Full Acquisition
    • Buy-out
    • Payment Includes Cash

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