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89bio, Inc. Announces Agreement to be Acquired by Roche

89bio, Inc. (ETNB)89bio, Inc.Company update

– 89bio stockholders to receive up to $20.50 per share in cash, comprised of $14.50 per share in cash at closing and a non-tradeable contingent value right (CVR) to receive up to an aggregate of $6.00 per share in cash; transaction represents total equity value of up to approximately $3.5 billion –

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89bio, Inc.

89bio is a liver and metabolic disease company focused on MASH and related liver biology. Its story is driven by the possibility of creating a major liver-disease franchise.

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Market cap
Exchange
NASDAQ
Sector
Biopharma
Location
United States