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Fusion Pharmaceuticals Poised for AstraZeneca Acquisition

Fusion Pharmaceuticals Inc (FUSN) has released an update.

Fusion Pharmaceuticals Inc. has revealed promising interim data for its prostate cancer treatment, FPI-2265, and is preparing for Phase 2 and 3 trials. Concurrently, the company is set to be acquired by AstraZeneca for up to $2.4 billion, with the transaction likely to conclude in Q2 2024. The deal includes a base purchase price and a contingent value right subject to regulatory milestones.

For further insights into FUSN stock, check out TipRanks’ Stock Analysis page.

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