Public biotechnology company (Nasdaq: NXTC)
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Public shell providing the Nasdaq listing; winding down its own drugs
The team that built Akero Therapeutics and sold it to Novo Nordisk for up to $5.2 billion has a second act. On Tuesday, their new startup, Avere Therapeutics, agreed to merge with struggling public biotech NextCure and raised $320 million to fund it.
Updated Jul 14
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