Small-Cap ARCA Biopharma Stock Soars On Merger Pact: The Details
ARCA Biopharma and Oruka Therapeutics merge, focusing on novel biologics for chronic skin diseases like plaque psoriasis. ORKA-001 and ORKA-002 advance, supported by $275 million investment. Expect clinical trials in 2025. Merger closes Q3 2024. ABIO shares up 81.3% premarket."