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Atea Pharma Rejects Unsolicited Proposal From Tang Capital Partners

Published: May 30, 2023

Biopharmaceutical company Atea Pharmaceuticals, Inc. (AVIR) announced Tuesday that its Board of Directors unanimously rejected the unsolicited proposal from Tang Capital Partners, LP on behalf of Concentra Biosciences, LLC to acquire all outstanding common shares of Atea for $5.

Source: rttnews.com

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Concentra BiosciencesAtea Pharmaceuticals IncAtea PharmaceuticalsTang Capital PartnersAtea BoardTea Pharmaceuticals Iopharmaceutical Company AteaConcentra Biosciences