Ibere Pharmaceuticals Ibere Pharmaceuticals (IBER-UN) is a blank check company with no significant current operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities, particularly targeting opportunities in the pharmaceutical sector. Incorporated in 2020 as a Cayman Islands exempted company and headquartered in Philadelphia, Pennsylvania, the company completed its initial public offering of $138,000,000 in 2021 to fund its pursuit of a business combination.