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Jade Biosciences Closes Merger with Aerovate Therapeutics

By May 8, 2025No Comments

Biotech firm Jade Biosciences Inc. has completed its merger with Aerovate Therapeutics Inc. (Nasdaq:AVTE), in a move that will put the former on the Nasdaq.

Jade’s Vancouver-based CEO, Tom Frohlich, previously helped shepherd B.C.-based Chinook Therapeutics to a US$3.2-billion exit.

Monday’s announcement said the new company will operate under the Jade Biosciences Inc. banner and begin trading on the Nasdaq April 29 under the JBIO ticker symbol.