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Kinarus Therapeutics Holding Announces Positive Outcome from Extraordinary General Meeting with Curatis

Basel, March 1, 2024 – Kinarus Therapeutics Holding AG (SIX: KNRS), a Swiss Exchange-listed company specializing in the development of therapeutic drugs, has successfully gained the approval of its shareholders for all resolutions concerning its business combination with Curatis AG. The Extraordinary General Meeting, which took place today, saw sweeping majorities in favor of the merger with Curatis, a company based in Basel-Landschaft focusing on orphan/ultra-orphan and specialty care diseases.

The transaction is anticipated to finalize by the end of April 2024, pending the satisfaction of certain conditions in addition to the shareholder approval already received. This strategic move is expected to bolster Kinarus Holding's position in the market by combining its expertise with Curatis’s specialization in niche disease fields.

R. E.

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