Nuvation Bio Closes Transaction with Panacea

Panacea Acquisition

Nuvation Bio completed its business combination with Panacea Acquisition, a blank-check company sponsored by EcoR1 Capital. Shares of the combined company begin trading today on the NYSE under NUVB.

Nuvation is a biopharmaceutical company developing therapeutic drugs for treating cancer.

Panacea shareholders approved the $644 million merger yesterday. Read more.

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