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Article: GenStar, Vascular Genetics To Form Autus, Combine Focuses.
- Article from:
- BIOWORLD Today
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Senior Staff Writer
Vascular Genetics Inc. and GenStar Therapeutics Corp. are merging to form Autus Genetics Corp., a company that will focus on the lead products of both of its parts. The merger was born out of a conversation between the two heads of the companies early this year.
"[GenStar CEO] Bob Sobol and I met in January and discussed some mutually beneficial activities that would help both companies," Richard Otto, CEO of VGI, told BioWorld Today, adding they soon had a second meeting. "We started thinking, What if we decided to get together?' Where we are today is based on those initial discussions."
The deal will be completed through a ...
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