- Published at
- by finance.yahoo.com
positive
positive
Aadi Bioscience’s Strategic Agreements and Funding Moves
An announcement from Aadi Bioscience ( (AADI) ) is now available. Aadi Bioscience has entered into a Stock Purchase Agreement with KAKEN Pharmaceutical, selling its subsidiary, including the FYARRO business, for $100 million, which will fund operations into late 2028. Additionally, Aadi has secured an exclusive license for three novel ADC assets from WuXi Biologics and announced a $100 million PIPE financing to support the development of these assets, indicating a strategic shift towards leverag