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Adial Pharmaceuticals acquires Azora Therapeutics and raises up to $64M to advance ulcerative colitis treatment.

Company Fundamentals
11 Jun 2026
Na
View Source
Bullish
pluang ai news

Adial Pharmaceuticals has acquired Azora Therapeutics, gaining its lead drug candidate AT177, a colon-targeted treatment for ulcerative colitis designed to minimize systemic exposure and safety risks. Concurrently, Adial secured up to $64 million in private financing, including an initial $32 million upfront, to fund clinical development milestones, including Phase 1 trials planned for mid-2027. This acquisition and financing position Adial to advance a potentially best-in-class therapy addressing a significant unmet medical need in ulcerative colitis. The company also appointed Dr. Wendy Young to its board to support growth and drug development expertise.

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Ultragenyx grants 44,409 restricted stock units to 15 new non-executive officers as an inducement.

Ultragenyx grants 44,409 restricted stock units to 15 new non-executive officers as an inducement.

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Nyxoah schedules extraordinary shareholders meeting on July 9, 2026, to renew authorized capital and voting procedures.

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Company Fundamentals
Neutral
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Eupraxia Pharmaceuticals elects all seven board nominees and reappoints KPMG as auditor at AGM.

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Company Fundamentals
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1 hour ago
Cate & Chloe offers 77% off Bianca earrings during Amazon Prime Day 2026 sale

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Others
Neutral
2 hours ago
Dynacor appoints new CEO Daniel Misiano and re-elects all board nominees at 2026 AGM.

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Company Fundamentals
Bullish
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