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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bayer AG | TG:BAYN | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.47 | 1.64% | 29.165 | 29.125 | 29.20 | 29.40 | 28.68 | 28.945 | 207,523 | 22:50:04 |
By Kim Richters
Germany's Bayer AG (BAYN.XE) said Wednesday that it has led a financing round in a U.S. startup researching potential cancer treatments.
The German conglomerate, which is battling legal cases in the U.S. tying its Roundup weedkiller to cancer, said it had invested $11 million in startup Pyxis Oncology via its investment arm Leaps by Bayer. Investors Agent Capital, Ipsen and Longwood Fund also contributed another $11 million, according to Bayer.
The newly founded Pyxis aims to develop antibody-based immunotherapies for cancer patients.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 17, 2019 09:25 ET (13:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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