Aptorum Group Ltd. and DiamiR Biosciences Announce Definitive Agreement for Merger, Aiming to Advance Brain Health Solutions
Reuters
Jul 23
Aptorum Group Ltd. and DiamiR Biosciences Announce Definitive Agreement for Merger, Aiming to Advance Brain Health Solutions
Aptorum Group Limited, a clinical stage biopharmaceutical company, announced a definitive agreement to merge with DiamiR Biosciences. The all-stock transaction will result in DiamiR becoming a wholly-owned subsidiary of Aptorum Group. Aptorum Group plans to remain listed on the Nasdaq Stock Market after the merger. The collaboration aims to leverage DiamiR's expertise in developing innovative blood-based tests for brain health and other diseases, enhancing the combined company's ability to address unmet medical needs in oncology and infectious diseases. The merger is expected to create a global life sciences company with a strong focus on non-invasive testing for brain health and other complex conditions.
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