Comera Life Sciences Faces Partnership and Acquisition Setbacks

Comera Life Sciences Holdings (CMRA) has released an update.

Regeneron Pharmaceuticals, Inc. decided against negotiating a license with the Company after a technical evaluation, discontinuing their collaborative efforts. Concurrently, the Purchasers who bought Notes and warrants in a December 2023 private placement, initially exercised a right to buy all remaining shares of Common Stock but then retracted this decision, opting not to pursue the acquisition of the outstanding shares.

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For a comprehensive understanding of the announcement, you can read the full document here.