XORTX Awaits ASX Approval to Close Acquisition of Renal Anti-Fibrotic Program from Vectus

Reuters
2026.01.02 19:38
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XORTX Therapeutics Inc. is awaiting approval from the Australian Securities Exchange to finalize its acquisition of the Renal Anti-Fibrotic Therapeutic Program from Vectus Biosystems Limited. The decision on whether shareholder approval is needed for the sale of the VB4-P5 intellectual property is pending. The acquisition is scheduled to close by January 13, 2026, with both companies committed to completing the deal and providing updates once approval is clarified.