Pulmatrix Inc. Advances Merger with Cullgen, Plans to Divest Inhalation Assets in 2025

Reuters

Aug 06

Pulmatrix Inc. Advances Merger with Cullgen, Plans to Divest Inhalation Assets in 2025

Pulmatrix Inc. has announced progress in its proposed merger with Cullgen, a clinical-stage biopharmaceutical company specializing in targeted protein degrader therapies. The second quarter of 2025 saw significant advancements, including the effectiveness of the registration statement by the SEC and the approval of the merger by Pulmatrix's stockholders. The transaction is set to create a Nasdaq-listed company focusing on targeted protein degradation technology, with three degrader programs already in Phase 1 clinical trials. Pulmatrix is also planning to divest its proprietary iSPERSE™ technology and related clinical programs as part of the merger. The merger is expected to close in 2025, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pulmatrix Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE45319) on August 06, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Advances Merger with Cullgen, Plans to Divest Inhalation Assets in 2025","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Pulmatrix Inc. Advances Merger with Cullgen, Plans to Divest Inhalation Assets in 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Pulmatrix Inc. has announced progress in its proposed merger with Cullgen, a clinical-stage biopharmaceutical company specializing in targeted protein degrader therapies. The second quarter of 2025 saw significant advancements, including the effectiveness of the registration statement by the SEC and the approval of the merger by Pulmatrix's stockholders. 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