Novate Acquired By BTG for Up To $150m
TG plc (LSE:BTG) (BTG) and Seroba’s portfolio company, Novate, today announced the signing of a definitive agreement in which BTG has acquired Novate for a $20m upfront payment with additional potential milestones of up to $130m. Novate which is based in Galway has developed a novel blood filter device (“Sentry”) used as protection against highly dangerous pulmonary clots or embolisms. …