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Benzinga
Benzinga
Business
Vandana Singh

AnaptysBio Charts Path To Split Into Two Public Companies By 2026

Richmond,,Virginia,,Usa,-,9,May,2019:,Illustrative,Editorial,Of

AnaptysBio, Inc. (NASDAQ:ANAB) announced on Tuesday that it plans to explore separating its business into two independent, publicly traded companies.

Referred to as “Royalty Management Co” and “Biopharma Co,” the two companies’ different business models enable investors to align their investment philosophies and portfolio allocation with each company’s strategic opportunities and financial objectives.

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