X
12Jan

Sanofi to Acquire Kymab for up to $1.45 Billion

Goodwin | | Return|
Sanofi announced that it has entered into an agreement to acquire Kymab, a clinical-stage biopharmaceutical company developing fully human monoclonal antibodies with a focus on immune-mediated diseases and immuno-oncology therapeutics, for an upfront payment of approximately $1.1 billion and up to $350 million upon achievement of certain milestones.  The acquisition will give Sanofi full global rights to Kymab’s KY1005, which binds to OX40-Ligand and has the potential to treat a wide variety of...
By: Goodwin
Source Url: https://www.jdsupra.com/legalnews/sanofi-to-acquire-kymab-for-up-to-1-45-2569030/

Related

Significant changes to labor law

The end of the year brought many changes to the labor law. What’s new for employers? We present par...

Read More >

Alert: Hart-Scott-Rodino Act Thresholds Increased for 2020

Basic threshold $94 million effective February 27 - Filing thresholds under the Hart-Scott-Rodino A...

Read More >

Indemnification as an Exclusive Remedy

Market Trends: What You Need to Know - As reflected in the American Bar Association's Private Targe...

Read More >

Saudi Arabia's New Tourism Development Fund

The Situation: On June 21, 2020, the Saudi Minister of Tourism, Ahmed Al-Khateeb, announced the crea...

Read More >

Three months, three budgets: Singapore's response to COVID-19 from a tax perspective

The Singaporean response to the COVID-19 outbreak has been comprehensive and coordinated. The 18 Feb...

Read More >

NLRB Clarifies Use of Mandatory Arbitration Post-Epic Systems

On August 14, 2019, the National Labor Relations Board (NLRB) issued a ruling clarifying several man...

Read More >