TradeUP (UPTD) to Combine with Estrella Biopharma in $398M Deal

TradeUP (UPTD) to Combine with Estrella Biopharma in $398M Deal

TradeUP (NASDAQ:UPTD) has entered into a definitive agreement to combine with biopharma firm Estrella at a pro forma equity valuation of about $398.5 million. Emeryville, California-based Estrella is developing three potential cancer therapies aimed at improving the effectiveness of T-cell treatments. The combined company is expected to trade on the Nasdaq once the deal is
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