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Alkermes Spins Off Oncology Business with $275M to Focus on Neuroscience

Thread starter cafead
Start date Nov 15, 2023

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cafead

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cafead Nov 15, 2023 at 12:12: PM

via Alkermes on Wednesday announced that it has completed the spinoff of its oncology business to become a pure-play neuroscience company. Mural Oncology will begin trading on the Nasdaq starting Thursday, with Alkermes shareholders receiving a share of Mural for every 10 shares of Alkermes.

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