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Adial Pharmaceuticals Announces Acquisition of Azora Therapeutics and up to $64 Million Financing

Markets GlobeNewswire By GlobeNewswire 11 Jun 2026 15:43 1 min read
Adial Pharmaceuticals Announces Acquisition of Azora Therapeutics and up to $64 Million Financing

- Acquisition of Azora and concurrent private placement positions the combined company to advance its pipeline through key clinical milestones in ulcerative colitis, including Phase 1 initiation in mid-2027

- Acquisition of Azora and concurrent private placement positions the combined company to advance its pipeline through key clinical milestones in ulcerative colitis, including Phase 1 initiation in mid-2027

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