Neurocrine completes Soleno acquisition in USD 2.9 billion deal
Neurocrine Biosciences, Inc.
Soleno Therapeutics Inc
Neurocrine Biosciences, Inc. NBIX | 0.00 | |
Soleno Therapeutics Inc SLNO | 0.00 |
- Neurocrine Biosciences completed its acquisition of Soleno Therapeutics in a deal valued at USD 2.9 billion.
- Soleno shareholders received USD 53 per share in cash.
- Neurocrine accepted 46,356,114 shares tendered into the offer, representing about 88.9% of Soleno’s outstanding stock as of May 15.
- The transaction adds VYKAT XR, a Prader-Willi syndrome hyperphagia treatment, to Neurocrine’s commercial portfolio.
- Soleno shares will no longer trade on the Nasdaq Capital Market as of May 18.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neurocrine Biosciences Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605180846PR_NEWS_USPR_____LA61476) on May 18, 2026, and is solely responsible for the information contained therein.
