Checkpoint Therapeutics, Inc., a Delaware corporation, has announced a significant development in their merger plans. On April 23, 2025, Sun Pharmaceutical Industries, Inc. and Equiniti Trust Company, LLC entered into a Contingent Value Rights Agreement. This follows the Agreement and Plan of Merger dated March 9, 2025, in which Checkpoint Therapeutics will merge with Snoopy Merger Sub, Inc., a wholly owned subsidiary of Sun Pharmaceutical Industries. This strategic move is part of Checkpoint Therapeutics' efforts to enhance their market position and expand their capabilities.
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