March 6 (Reuters) - Biomx Inc ( PHGE ):

* BIOMX ANNOUNCES ENTRY INTO MERGER AGREEMENT WITH ADAPTIVE

PHAGE

THERAPEUTICS AND CONCURRENT $50 MILLION FINANCING

* BIOMX INC ( PHGE ) - ENTERED INTO A DEFINITIVE AGREEMENT FOR A

PRIVATE

PLACEMENT FINANCING OF $50 MILLION

* BIOMX INC ( PHGE ) - BIOMX WILL CONTINUE TO BE LED BY ITS CURRENT

MANAGEMENT TEAM, WITH ADDITION OF MICHAEL BILLARD FROM APT AS

GENERAL MANAGER, U.S

* BIOMX INC ( PHGE ) - IMMEDIATELY POST DEAL BIOMX WILL OWN ABOUT

55% AND

FORMER STOCKHOLDERS OF APT WILL OWN ABOUT 45% OF CONSOLIDATED

ENTITY

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