M&A
confidence high
sentiment negative
materiality 0.85
Galera Therapeutics sells avasopasem and rucosopasem assets to Biossil Inc.
Galera Therapeutics, Inc.
- Sold all dismutase mimetic assets including avasopasem (GC4419) and rucosopasem (GC4711) to Biossil Inc., a Canadian company.
- Transaction closed Oct 15, 2025; Blackstone Agreement assigned to Biossil on Oct 21, 2025.
- Blackstone will look solely to Biossil for all obligations under the Amended Blackstone Agreement; Galera relieved of those liabilities.
- No purchase price or deal financial terms disclosed in the filing.