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The more than $50M of combined merger cash will be used for R&D of medicines for various diseases and RNA vaccines
November 16, 2017
By: Betsy Louda
Arcturus Therapeutics Ltd, a RNA medicines company, has merged with Alcobra Ltd. The combined company has net cash of around $50.1 million for use in funding its research and development activities. Those activities will be focused on RNA medicines in therapeutic areas including rare liver diseases, infectious diseases, cystic fibrosis, nonalcoholic steatohepatitis (NASH) and replicon RNA vaccines. Following completion of the merger, Alcobra changed its name to Arcturus Therapeutics L...
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