Medivir AB has announced that the acquisitions of the two clinical stage oncology programs from TetraLogic Pharmaceuticals Corporation have been completed.
In connection with the closing, Medivir has paid the upfront payment of US$12M to TetraLogic.
Medivir will be holding an investor call on January 9, 2017 to present further financial aspects of the acquired programs including the clinical stage compounds remetinostat and birinapant.