France’s Enterome Eyes Merger To Make NASDAQ Move

As IBD Pact Is Signed With Nestlé

18 Jul 2022

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,...

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