Tech Company M&A Transactions
Mytogen Acquisition
On 6/1/2007, Mytogen was acquired by Advanced Cell Technology. The transaction price was $6 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/1/2007
Transaction Type
M&A
Amount
$6,000,000
M&A Terms
Advanced Cell Technology Inc. Thursday said it had entered a letter of intent to acquire Mytogen Inc. for $5 million in stock, the assumption of $1 million in debt, and additional shares based on certain milestones.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
Building 96 Thirteenth Street
Charlestown, MA 02129
USA
Charlestown, MA 02129
USA
Phone
Website
Email Address
Overview
Mytogen, Inc. (MI) is a privately held biotech company developing cell-therapy products. Mytogen's initial program focuses on using myoblasts - stem cells that form muscle - to treat patients with congestive heart failure, a progressive deterioration of the heart muscle.
Management Team
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