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Wednesday, March 6, 2024

BiomX to Merge with Adaptive Phage Therapeutics; Concurrent $50 Million Financing

 Acquisition will create phage therapy company with an advanced pipeline with two Phase 2 assets, BX004 for the treatment of chronic pulmonary infections in cystic fibrosis (CF) patients and BX211 for the treatment of diabetic foot osteomyelitis (DFO)

Concurrently with entering into the definitive merger agreementBiomX entered into a definitive agreement for a private placement financing of $50 million that will be used to advance two lead product candidates through Phase 2 clinical readouts in 2025

Conference call today at 9:00 a.m. EST

Participant Dial-In Number:

877-407-0724

Participant International Dial-In

+1 201-389-0898

Webcast:

Link


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