NeuBase Therapeutics (NASDAQ: NBSE), a biotechnology company developing next-generation antisense therapies to address genetic diseases, has completed its merger with Ohr Pharmaceutical, Inc. (NASDAQ: OHRP). According to the update, the combined company, immediately following the closing of the merger, changed its name to “NeuBase Therapeutics, Inc.” ROTH Capital Partners acted as financial advisor for the merger transaction. “This is an important milestone for NeuBase as we enter the public market with the goal of creating a dynamic, high-impact company in one of the most promising sectors of the life sciences,” NeuBase CEO and Chairman Dietrich A. Stephan, Ph.D., said in the news release. “Given our PATrOL(TM) platform’s potential to safely and efficiently modify the function of the human genome and transcriptome, we envision building a company with the potential to help transform the health of the global population.”
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About NeuBase Therapeutics, Inc.
NeuBase Therapeutics, Inc. is developing the next generation of gene silencing therapies with its flexible, highly specific synthetic antisense oligonucleotides. The proprietary NeuBase peptide-nucleic acid (“PNA”) antisense oligonucleotide, or PATrOL(TM), platform allows for the rapid development of targeted drugs, increasing the treatment opportunities for the hundreds of millions of people affected by rare genetic diseases, including those that can only be treated through accessing of secondary RNA structures. Using PATrOL technology, NeuBase aims to first tackle rare, genetic neurological disorders. For more information, please visit www.NeuBaseTherapeutics.com.
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