VYNE Therapeutics to Merge with Yarrow Bioscience, Focuses on TSHR Antibody Development

Wednesday, Dec 17, 2025 9:47 am ET1min read
VYNE--

VYNE Therapeutics is merging with Yarrow Bioscience to form Yarrow Bioscience, Inc., focusing on YB-101 for Graves' Disease and Thyroid Eye Disease. A $200 million investment will support Yarrow's operations until 2028, and VYNE shareholders will receive a cash dividend and retain a 3% stake in the new entity. The merger is expected to complete in Q2 2026.

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