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Celladon Will Become Rare Disease-Focused Eiger

 
• By Mandy Jackson

Celladon Corp. will be acquired in a reverse merger with Eiger BioPharmaceuticals Inc., which means Celladon will not have to liquidate its assets to return cash to shareholders following discontinuation of development for the genetically-targeted enzyme replacement therapy Mydicar for heart failure.

Celladon Corp. will be acquired in a reverse merger with Eiger BioPharmaceuticals Inc., which means Celladon will not have to liquidate its assets to return cash to shareholders following discontinuation of development for the genetically-targeted enzyme replacement therapy Mydicar for heart failure.

Privately-held Eiger will keep its name and move into San Diego-based Celladon's essentially empty public company shell when the deal closes during the first half of 2016

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