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Pharmos to buy Vela

Executive Summary

Pharmos (develops synthetic cannabinoid compounds) plans to acquire private company Vela Pharmaceuticals (focuses on nervous system disorders) in a deal that could be worth about $49mm in cash and stock.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Contract
    • Includes Earnout
    • Intra-Biotech Deal
    • Payment Includes Cash
    • Payment Includes Stock

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