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.

Total
0
Shares
Related Posts
IPO
Read More

BCC Investment Files for $300M IPO

The SPAC intends to focus on opportunities primarily in North America, Europe and Asia that complement the sponsor's and management team’s background, especially companies with an established business model and defensible market position.