BRIEF-Otsuka Holdings Co Ltd - Otsuka Pharmaceutical To Acquire Jnana Therapeutics-March 2024-www.financetom.com

BRIEF-Otsuka Holdings Co Ltd - Otsuka Pharmaceutical To Acquire Jnana Therapeutics

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BRIEF-Otsuka Holdings Co Ltd - Otsuka Pharmaceutical To Acquire Jnana Therapeutics

Jul 31, 2024 9:23 PM

Aug 1 (Reuters) - Otsuka Holdings Co Ltd ( OTSKY ):

* OTSUKA HOLDINGS CO LTD ( OTSKY ) - OTSUKA PHARMACEUTICAL TO ACQUIRE

JNANA

THERAPEUTICS

* OTSUKA HOLDINGS CO LTD ( OTSKY ) - OTSUKA WILL PAY USD $800 MILLION

TO THE

SHAREHOLDERS OF JNANA UPON COMPLETION OF THE ACQUISITION, AS

WELL AS UP TO AN ADDITIONAL USD $325 MILLION IN DEVELOPMENT AND

REGULATORY MILESTONES

* OTSUKA HOLDINGS CO LTD ( OTSKY ) - AIM TO COMPLETE THE ACQUISITION

DURING

THE THIRD QUARTER OF 2024

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