Form 8-K Celladon Corp For: Nov 16

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Go back to Form 8-K Celladon Corp For: Nov 16

Celladon (CLDN), Eiger BioPharma Enter Merger Agreement

November 19, 2015 6:54 AM EST

Celladon (Nasdaq: CLDN) and Eiger BioPharmaceuticals, Inc., a privately-held biopharmaceutical company, announced that they have entered into a definitive merger agreement under which the stockholders of Eiger would become the majority owners of Celladon, and the operations of Celladon and Eiger would be combined. The proposed merger remains subject to certain conditions, including the approval of Celladon stockholders. If approved, upon closing of the transaction, Celladon will be renamed Eiger BioPharmaceuticals, Inc.

An investor syndicate has committed to invest $39.5 million in the combined company including new investors HBM Healthcare Investments, RA Capital Management, Sabby... More