Press Release

Nuvation Bio to Acquire AnHeart Therapeutics

March 25, 2024

San Francisco – March 25, 2024 – Cooley advised Nuvation Bio (NYSE: NUVB), a biopharmaceutical company tackling some of the greatest unmet needs in oncology by developing differentiated and novel therapeutic candidates, on its definitive agreement to acquire AnHeart Therapeutics, a global clinical-stage biopharmaceutical company developing precision therapies for people with cancer. Lawyers Kenneth Guernsey, Matthew Silverman and Lindsey O’Crump led the Cooley team advising Nuvation Bio.

The all-stock acquisition, which will position Nuvation Bio as a late-stage global oncology company with multiple programs in clinical development, is expected to close in the second quarter of 2024.

Cooley previously advised Nuvation Bio on its deSPAC merger with Panacea Acquisition Corp. in February 2021.

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