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KDNY Chinook Therapeutics Inc

40.39
0.00 (0.00%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Chinook Therapeutics Inc NASDAQ:KDNY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 40.39 40.39 38.38 0 01:00:00

Trending: Novartis Buying Chinook Therapeutics for Up to $3.5 Billion

12/06/2023 3:40pm

Dow Jones News


Chinook Therapeutics (NASDAQ:KDNY)
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10:10 AM ET -- Novartis is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Novartis agreed to acquire clinical-stage biopharmaceutical company Chinook Therapeutics for up to $3.5 billion, in a deal that will expand its portfolio of kidney disease treatments. Holders of Chinook common stock receiving $3.2 billion in cash, plus a contingent value right of up to $300 million. The deal will hand Novartis exposure to Chinook's pipeline for kidney disease treatments. Novartis expects to close the transaction in the second half of the year, subject to customary closing conditions. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

June 12, 2023 10:25 ET (14:25 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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1 Year Chinook Therapeutics Chart

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1 Month Chinook Therapeutics Chart

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