Alis offers exit option to biotechs tainted by tang of failure, providing way to return cash to shareholders
Alis Biosciences has made a pitch to the hundreds of biotechs that are valued at less than the cash they have in the bank. The investment fund is proposing to buy the companies and return most of their cash to shareholders, offering them an alternative to exits such as reverse mergers and liquidations.
Alis Biosciences has made a pitch to the hundreds of biotechs that are valued at less than the cash they have in the bank. The investment fund is proposing to buy the companies and return most of their cash to shareholders, offering them an alternative to exits such as reverse mergers and liquidations.
