Arcutis Biotherapeutics, Inc. /
Ducentis Biotherapeutics LTD.
Arcutis to buy Ducentis Biotherapeutics LTD.
- Price
- $30m
- Stage
- Agreement signed
What happened
Arcutis Biotherapeutics, Inc. agreed to acquire Ducentis Biotherapeutics LTD. in a share purchase agreement. The transaction includes approximately $30 million in upfront consideration, plus contingent payments tied to development, regulatory and commercial milestones.
Ducentis is a preclinical-stage biotechnology company developing therapies for inflammation and autoimmune diseases.
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Arcutis to buy Ducentis Biotherapeutics LTD.
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