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United Therapeutics is pioneering a new frontier in organ transplants using pig kidneys.
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The British drug giant said it will vacate its Rockville, Maryland building when its lease is up in June 2026.
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The combined companies' $737 million will take it through delivery of data from three clinical trials, including a pivotal study in psoriasis.
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Wojcicki last spring first offered to buy the company and take it public.
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After pandemic-related setbacks, unexpected factors are driving a rebound in the market niche, says CEO whose company recently closed a $500 million deal.
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A Mass General Hospital surgical team has completed its second pig-to-human kidney transplant, less than a year after the hospital performed the world’s first such surgery.
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The company said the seed round will go toward product development and expansion of market presence.
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The bankruptcy filing followed a half dozen lawsuits and a foreclosure notice in recent months.
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