Reuters logo
BRIEF-Pacira Pharma to invest up to $25 million in Tela Bio
October 25, 2017 / 2:58 PM / in a month

BRIEF-Pacira Pharma to invest up to $25 million in Tela Bio

Oct 25 (Reuters) - Pacira Pharmaceuticals Inc

* Committed to invest up to $25 million in Tela Bio, a privately-held surgical reconstruction company​

* Under terms of agreement, Pacira will make an initial investment of $15 million​

* Under terms of agreement, Pacira is entitled to one seat on Tela Bio board of directors​

* Agreement also includes a standstill provision precluding a change of control in Tela Bio for at least 12 months​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below