other material
confidence high
sentiment neutral
materiality 0.55
Neurocrine closes collaboration with Voyager; pays $136M upfront, buys $39M in stock
NEUROCRINE BIOSCIENCES INC
- Collaboration Agreement with Voyager became effective Feb 21, 2023 after HSR waiting period expired.
- Neurocrine paid Voyager ~$136M upfront and purchased 4,395,588 shares at $8.88/share for ~$39M.
- Jude Onyia, Neurocrine's CSO, appointed to Voyager's board per Amended Investor Agreement.