Aeglea BioTherapeutics shares are trading higher after the company announced acquisition Of Spyre Therapeutics and concurrent oversubscribed $210M private investment positions
Portfolio Pulse from Benzinga Newsdesk
Aeglea BioTherapeutics has announced the acquisition of Spyre Therapeutics and a concurrent oversubscribed $210 million private investment. This news has led to an increase in AGLE's share price.
June 22, 2023 | 12:32 pm
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Aeglea BioTherapeutics' acquisition of Spyre Therapeutics and $210 million private investment has led to an increase in its share price.
The acquisition of Spyre Therapeutics and the oversubscribed $210 million private investment are both positive developments for Aeglea BioTherapeutics. The acquisition expands the company's portfolio and the investment provides additional capital for growth. These factors contribute to the increase in AGLE's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100