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Novartis may buy Proteon for up to $550mm; withdrawn

Executive Summary

Concurrent with closing its $38mm Series B venture round, Proteon Therapeutics (developing compounds for cardiovascular and kidney conditions) has granted Novartis the exclusive option to acquire the company.
Deal Industry
  • Biotechnology
    • Large Molecule
  • Pharmaceuticals
Deal Status
  • Withdrawn
Deal Type
  • Acquisition
    • Includes Earnout
    • Full Acquisition
    • Payment Includes Cash
    • Acquisition of Private Biotech

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