Panacea Acquisition Corp. (PANA) to Combine with Nuvation Bio in $1.3Bn Deal

nuvation-bio

Panacea Acquisition Corp. (PANA) to Combine with Nuvation Bio in $1.3Bn Deal

Biotech firm Nuvation Bio announced this morning that it had entered into a definitive business combination agreement with Panacea Acquisition Corp. (NYSE:PANA) for an enterprise value of about $1.3 billion. New York-based Nuvation Bio is developing six novel treatments for a variety of cancer types. The combined company is to be remain listed on the
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