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France’s Enterome Eyes Merger To Make NASDAQ Move

As IBD Pact Is Signed With Nestlé

 
• By Kevin Grogan

CEO Pierre Belichard tells Scrip that the French biotech has enough cash and assets to prosper alone but it is also weighing up a reverse merger that would give Enterome a listing on the NASDAQ.

NASDAQ
Enterome plots path to Wall Street • Source: Shutterstock

Having inked another deal with Nestle Health Science, microbiome specialist Enterome Bioscience is now weighing up potential merger partners that would give the privately held French firm a listing in the US.

Adopting a reverse merger approach, ie, taking over a biotech that has little to offer other than a market listing, could come back into vogue. The number of crossover rounds...

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