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CeNeS acquires TheraSci Ltd. for £3.7mm

Executive Summary

CeNeS Pharmaceuticals PLC has agreed to acquire privately held TheraSci Ltd. (central and peripheral nervous system drugs) for up to £3.7mm ($6.3mm). CeNeS will issue up to 45.7mm of its shares to TheraSci shareholders, leaving the acquired company with approximately £1.2mm in net assets and £1mm cash on hand.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Intra-Biotech Deal
    • Payment Includes Stock

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