M&A
confidence high
sentiment positive
materiality 0.75
Nutriband sells 90% stake in Pocono Pharma for $5M to EarthVision Bio; retains 10%
NutriBand Inc.
- Agreement to sell 90% interest in subsidiary Pocono Pharmaceutical for $5M USD to EarthVision Bio.
- Nutriband shareholders will retain 10% stake in EarthVision Bio post-acquisition; closing expected Dec 31, 2025.
- Proceeds will fund continued development of AVERSA Fentanyl, an abuse-deterrent opioid patch.
- AVERSA Fentanyl has potential annual US sales estimate of $80M to $200M.