Veru sells FC2 Female Condom business for $18M - Markets Insider

Veru Sells FC2 Female Condom Business For $18M - Markets Insider

2 weeks from now

Dec 31, 2024  · Veru has sold its FC2 Female Condom business to clients managed by Riva Ridge Capital Management as well as other co-investors, for $18M, subject to adjustment as set forth in the purchase ...

businessinsider.com

Veru Announces The Sale Of The FC2 Female Condom ... - Markets …

2 weeks from now

Dec 31, 2024  · As a result of the sale of the FC2 business, including the transfer of its UK and Malaysian based subsidiaries, Veru’s headcount will be reduced by approximately 90% from 210 to 22.

businessinsider.com

Veru Inc. Sells FC2 Business To Focus On Biopharma

2 weeks from now

Jan 3, 2025  · Veru Inc. announced the sale of its FC2 Female Condom business to Clear Future, Inc. for $18 million. ... Veru sells FC2 Female Condom business for $18M. ... *© 2025 Insider Inc. and finanzen.net ...

businessinsider.com

Veru Sells FC2 Condom Business For $18 Million, Focuses On …

2 weeks from now

Dec 31, 2024  · Veru Inc. (NASDAQ:VERU) shares jumped on Tuesday after the company disclosed the sale of its FC2 Female Condom (Internal Condom) business to clients managed by Riva Ridge Capital Management LP and ...

yahoo.com

Veru Inc. Sells FC2 Female Condom Business For $18 Million To

2 weeks from now

Dec 31, 2024  · Veru Inc. has sold its FC2 Female Condom business for $18 million to Riva Ridge Capital Management and other co-investors, allowing the company to concentrate on its biopharmaceutical operations ...

nasdaq.com

Veru Announces The Sale Of The FC2 Female Condom® (Internal

2 weeks from now

Dec 31, 2024  · As a result of the sale of the FC2 business, including the transfer of its UK and Malaysian based subsidiaries, Veru’s headcount will be reduced by approximately 90% from 210 to 22.

globenewswire.com

Veru Sells FC2 Condom Business For $18 Million, Focuses On …

2 weeks from now

Dec 31, 2024  · Veru sells its FC2 Female Condom business for $18M, shrinking its workforce by 90%, and refocusing on biopharma R&D. Proceeds will fund late-stage clinical trials, including enobosarm for improved ...

benzinga.com

Veru Sells Female Condom Business To Riva Ridge Capital For $18 …

2 weeks from now

Dec 31, 2024  · Sabizabulin, a microtubule disruptor, is being developed for the treatment of hospitalized patients with viral-induced ARDS. It also has an FDA-approved commercial product, FC2 Female Condom (Internal Condom), for the dual protection against unplanned pregnancy …

marketscreener.com

Clients Managed By Riva Ridge Capital Management LP Acquired …

2 weeks from now

Dec 30, 2024  · Clients managed by Riva Ridge Capital Management LP acquired FC2 Female Condom® Business of Veru Inc. for $18 million on December 31, 2024. ... Other stock markets. 04:00:00 2025-01-13 pm EST ... 0.7622 USD-2.51% +1.17% +17.17%: Dec. 31: Veru Sells …

marketscreener.com

Veru Sells FC2 Female Condom Business For $18M - TipRanks

2 weeks from now

Veru sells FC2 Female Condom business for $18M - TipRanks

tipranks.com

Veru Sells FC2 Female Condom Business For $18M, Shifts Focus To ...

2 weeks from now

Dec 31, 2024  · Veru Inc. (NASDAQ: VERU) has sold its FC2 Female Condom® business to clients managed by Riva Ridge Capital Management LP and co-investors for $18 million.The sale allows Veru to transform into a pure biopharmaceutical company, with estimated net proceeds …

stocktitan.net

Veru Inc. Sells FC2 Female Condom Business For $18 Million To …

2 weeks from now

Dec 31, 2024  · Veru successfully sold its FC2 Female Condom® business for $18 million, allowing it to focus solely on its biopharmaceutical development efforts. The sale is expected to provide approximately $12.5 million in proceeds after certain fees, enhancing Veru's financial …

quiverquant.com

Veru Surges As It Sells FC2 Female Condom Business To Private

2 weeks from now

Veru has sold its FC2 female condom business for $18M to a group of private investors. The buyers include clients of Riva Ridge Capital Management. As a result, Veru's employee headcount will fall ...

msn.com

Veru Announces The Sale Of The FC2 Female Condom® (Internal …

2 weeks from now

Dec 31, 2024  · As a result of the sale of the FC2 business, including the transfer of its UK and Malaysian based subsidiaries, Veru’s headcount will be reduced by approximately 90% from 210 to 22. Estimated proceeds to the Company after deducting a change of control premium due …

marketscreener.com