RXi Pharmaceuticals enters into exclusive option agreement to acquire Mirimmune Inc

Thursday, October 13, 2016

RXi Pharmaceuticals enters into exclusive option agreement to acquire Mirimmune Inc. RXi Pharmaceuticals Corp - can exercise option to acquire Mirimmune on terms set forth in option agreement at any time prior to April 5, 2017.

RXi Pharmaceuticals Corp - deal for number of shares equal to 19.99% of then outstanding shares of common stock of RXi.

RXi Pharmaceuticals Corp - entered into an option agreement to acquire all outstanding capital stock of Mirimmune Inc. RXi Pharmaceuticals Corp - deal also provides for additional potential consideration contingent on Mirimmune reaching certain milestones.

 

Source : reuters.com