AgeX Therapeutics Inc. (AGE) and LyGenesis Terminate Merger Negotiations
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AgeX Therapeutics and LyGenesis Terminate Merger Negotiations
July 23, 2021 4:15 PM EDTALAMEDA, Calif. & PITTSBURGH--(BUSINESS WIRE)-- AgeX Therapeutics, Inc. (AgeX; NYSE American: AGE), a biotechnology company developing therapeutics for human aging and cell regeneration, and LyGenesis, Inc. (LyGenesis), a privately held biotechnology company developing cell therapies that enable organ regeneration, announced today that they have discontinued negotiations for a merger agreement. The board of directors of AgeX and the board of directors of LyGenesis each determined that it was in the best interest of their respective shareholders not to proceed with the merger given the diversity of the companies technology platforms and product development... More
