Sanofi Acquires Amunix Pharmaceuticals
December 21, 2021
Sanofi has entered into an agreement to acquire Amunix Pharmaceuticals for an upfront payment of approximately $1.0 billion plus up to $225 million in potential development milestones. The acquisition gives Sanofi Amunix’s Pro‑XTEN/XPAT/XPAC masking technology and a pipeline of conditionally activated T‑cell engagers and cytokine therapies (including lead candidate AMX‑818), expanding Sanofi’s immuno‑oncology capabilities.
- Buyers
- Sanofi
- Targets
- Amunix Pharmaceuticals, Inc.
- Industry
- Biotechnology
- Location
- California, United States
- Transaction Type
- Buyout
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