Kyntra Bio Receives Final $4 Million Payment Under 2025 Share Purchase Deal With AstraZeneca

MT Newswires Live

06/10

Kyntra Bio (KYNB) has received $4 million from AstraZeneca Treasury (AZN), completing the payments for their 2025 share purchase agreement, Kyntra Bio said in a Tuesday filing.

In 2025, Kyntra Bio sold its Chinese operations to AstraZeneca for about approximately $220 million and the $4 million payment is second and final holdback under the deal, according to the filing.

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