Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest update is out from Nektar Therapeutics ( (NKTR) ).
Nektar Therapeutics has entered into an agreement to sell its Huntsville, Alabama manufacturing facility to Ampersand Capital Partners for $90 million, including cash and equity. This strategic move will allow Nektar to focus on its core R&D programs in immunology while ensuring continuity in supply for existing customers. Ampersand plans to invest further in the facility, transforming it into a standalone business, highlighting its commitment to growth in the life sciences sector.
See more data about NKTR stock on TipRanks’ Stock Analysis page.
