AstraZeneca Is Acquiring CinCor Pharma: Market Values Interesting CVR At $3.21

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CinCor Pharma (NASDAQ:CINC) is being tendered for $26 per share in cash and a Contingent Value Rights (CVR) by major pharma AstraZeneca (NASDAQ:AZN). At its current market cap, CinCor Pharma sports a market cap of around $1.26

Data by YCharts

Study design CinCor (Company presentation)

Baseline demographics phase 2 study (Company presentation)

Phase 2 study conclusions (Company presentation)