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Expands its GI development pipeline and positions itself for new growth opportunities in the inflammatory bowel disease therapeutic space.
September 13, 2021
By: Charlie Sternberg
Associate Editor
AzurRx BioPharma Inc., a company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, has entered a definitive agreement to acquire First Wave Bio, Inc. in a stock and cash transaction valued at $229 million, including certain development, regulatory and sales milestones. First Wave Bio is a clinical-stage biotechnology company specializing in the development of novel, gut-targeted, small molecule therapies for auto-immune inflammatory bowel d...
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