Dipexium shares soar as merger focused on Aspertec is announced
Dipexium Pharmaceuticals (Nasdaq: DPRX) and privately-held late stage pharma company PLx Pharma have announced a merger agreement.
The deal between the two US companies will see PLx Pharma merging with a wholly-owned subsidiary of Dipexium in an all stock transaction.
"This merger will provide PLx Pharma with the initial resources necessary to advance our contemplated development efforts for Aspertec"
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