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Algernon Pharmaceuticals Announces LOI for the Acquisition of its Chronic Cough Research Program by U.S. Based Seyltx for USD $2M and a 20% Equity Position

Global Newswire by Notified: M&A

22, 2023 (GLOBE NEWSWIRE) -- Algernon Pharmaceuticals Inc. the “Company” or “Algernon”) (CSE: AGN) (FRANKFURT: AGW0) (OTCQB: AGNPF), a Canadian clinical stage pharmaceutical development company, is pleased to announce that it has signed a Letter of Intent (“LOI”) with Seyltx Inc. VANCOUVER, British Columbia, Nov.

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SciSparc Provides Updates Regarding the Non-Binding Letter of Intent to Acquire Leading Vehicle Importer Company in Israel

Global Newswire by Notified: M&A

According to the new negotiated terms, the Company will acquire 100% of the Target Company and will establish a new wholly-owned Israeli subsidiary, which would in turn merge with and into the Target Company (the “Acquisition”). TEL AVIV, Israel, Dec. 07, 2023 (GLOBE NEWSWIRE) -- SciSparc Ltd.

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Delaware Court Of Chancery Dismisses Breach Of Contract Claims Against Buyer, Finding Seller Retained Post-Closing Liability Related To Certain Product-Liability Litigations

Shearman & Sterling

Cook of the Delaware Chancery Court dismissed the breach of contract claims by one pharmaceutical company (the "Seller") against another (the "Buyer") in connection with the Buyer's acquisition of Seller's consumer product lines in 2014 pursuant to a Stock and Asset Purchase Agreement (the "Agreement').

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E200: Buying or Selling a Small Business? Get the Insider Tips You Need to Secure Your Deal

How2Exit

With a career spanning over a decade, Patrick has become an industry-agnostic specialist, facilitating financial diligence, quality of earnings, purchase price negotiation, and offering comprehensive partnership support to his clients. rn rn rn Emotional readiness and concessions are critical in M&A transactions.

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Delaware Court Of Chancery Dismisses Breach Of Contract Claims Against Buyer, Finding Seller Retained Post-Closing Liability Related To Certain Product-Liability Litigations

Shearman & Sterling

Cook of the Delaware Chancery Court dismissed the breach of contract claims by one pharmaceutical company (the "Seller") against another (the "Buyer") in connection with the Buyer's acquisition of Seller's consumer product lines in 2014 pursuant to a Stock and Asset Purchase Agreement (the "Agreement').

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Learning Old Lessons From Recent Life Sciences Earnout Disputes: Above All Else, Words Matter

Cooley M&A

Alexion Pharmaceuticals (Del. September 2024), the Delaware Chancery Courts found buyers liable for failure to comply with negotiated earnout covenants – and in the latter case, awarded the plaintiffs more than $1 billion in damages. Alexion Pharmaceuticals , arose out of Alexion’s 2018 acquisition of a company called Syntimmune.

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What is Freight on Board (FOB)? Origin vs. Destination

Peak Frameworks

company like Tesla, understanding terms like FOB is crucial when negotiating deals and supply contracts overseas. Consider a pharmaceutical giant like Pfizer , which imports raw materials for its drugs. Contractual Implications Negotiating with terms like FOB in mind can lead to more favorable deals.