1 min read
Add as a preferred source on Google

Pelthos Therapeutics Shares Fall About 35% After Castle Creek Merger Deal

The reported share price was $10.79. The proposed combination would add cell and gene therapies for serious skin diseases to Pelthos’ portfolio.

Two culture dishes meet on a charcoal laboratory bench / TokenPost.ai
Two culture dishes meet on a charcoal laboratory bench / TokenPost.ai

Pelthos Therapeutics Inc. (PTHS) shares were at $10.79 Friday, Oct. 30, down about 35% after the company agreed to combine with Castle Creek Biosciences (CCBS).

The proposed deal would broaden Pelthos’ portfolio with cell and gene therapies aimed at serious skin diseases.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…