Cannabis company Terra Tech recently finalized its merger with Unrivaled. The California-based companies with combined operations in California, Oregon and Nevada (which represents about 30% of the entire US market) is now known as Unrivaled Brands. CEO Frank Knuettel joined the show to discuss the merger, West Coast landscape, and correcting previous management’s missteps.
Arena Pharmaceuticals has paid $60 million for an option to acquire Aristea Therapeutics, a private biotech founded in 2018 to develop an experimental inflammatory drug discovered by AstraZeneca. Arena’s option deal was accompanied by a $63 million Series B fundraising round for Aristea that included contributions from Fidelity Managment & Research, Aristea’s original lead investor Novo Holdings […]
Flexion Therapeutics is committed to helping the more than 15 million Americans with osteoarthritis, despite treatment of the degenerative musculoskeletal disorder at a relative standstill, with short-term pain management with steroid injections considered standard care. The company developed triamcinolone acetonide extended-release injectable suspension (Zilretta), which was approved by the FDA in 2017, that resulted in […]