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StockRoomBully

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StockRoomBully

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Monday, 03/14/2016 11:11:39 AM

Monday, March 14, 2016 11:11:39 AM

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"Inovio buys Bioject for $5.5M"

http://seekingalpha.com/news/3167119-inovio-buys-bioject-5_5m?uprof=44#email_link


Inovio Pharmaceuticals (INO -6%) acquires all the assets of Bioject Medical Technologies (OTC:BJCT), including its needle-free injection technology, for $5.5M in cash and stock. The transaction complements Inovio's needle-free skin surface electroporation technology under development for the potential administration its DNA vaccines.Under the terms of the deal, Bioject will receive $4.5M in Inovio stock and $1.0M in cash."
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