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Allon Therapeutics Inc NPCUF

Healthcare Biotechnology
Allon Therapeutics, Inc. is a Canada-based Company, which develops treatments for neurodegenerative diseases. The Company is engaged in pre-clinical and clinical development of proprietary neuroprotective compounds which may be applied for the potential treatment of Alzheimer's Disease, Parkinson's Disease, senile dementia, glaucoma, traumatic head injury, neuronal damage due to stroke and other conditions involving neurodegeneration. The Company's drug, davunetide, is proceeding in a pivotal Phase 2/3 clinical trial in an orphan indication, progressive supranuclear palsy (PSP), under a Special Protocol Assessment (SPA) with the Food and Drug Administration (FDA).


GREY:NPCUF - Post by User

Allon Therapeutics Inc > Napec announces acquisition and financing
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Post by pitbul13on Nov 03, 2016 11:55am
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Post# 25420250

Napec announces acquisition and financing

Napec announces acquisition and financing

https://www.napec.ca/en-CA/gpc/_media/Document/cp-2016-11-03-en.pdf

Deal priced at a premium to market... no wonder the shareprice tanked this morning!

Wouldnt be surprised if the financing is severely hung and we see a repricing in the coming days.

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