Switzerland: Perfect Holding changes course with proposed reverse take-over of Kinarus

Kinarus, a privately owned clinical-stage biopharmaceutical company founded in Basel, Switzerland in 2017, has signed an agreement with SIX-listed Perfect Holding regarding Perfect Holding’s planned acquisition of Kinarus by way of a share exchange. In August 2021, Perfect Holding signed an MoU with Kinarus to acquire the bio-pharmaceutical company in a reverse take-over. The agreement…