Blue Water Biotech Acquires Proteomedix AG, A Private, Commercial-stage Diagnostics Oncology Company, In Stock Consideration; No Terms Disclosed
The acquisition of Proteomedix for all stock consideration provides its shareholders with an initial 19.9% ownership stake of Onconetix and introduced a new name for the combined Company: Onconetix, Inc. Two members of Proteomedix' leadership team will become executives of Onconetix.