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Sanofi to acquire US biotech Amunix for at least $ 1 billion

2021-12-21T07:36:44.511Z

The French giant wants to strengthen itself in immuno-oncology. The French laboratory Sanofi announced on Tuesday that it had reached an agreement to acquire the American biotech Amunix for at least a billion dollars in order to strengthen itself in immuno-oncology. Under the terms of the deal, Sanofi will acquire Amunix for an upfront payment of $ 1 billion, along with $ 225 million in milestone payments, " depending on the achievement of certain development



The French laboratory Sanofi announced on Tuesday that it had reached an agreement to acquire the American biotech Amunix for at least a billion dollars in order to strengthen itself in immuno-oncology.

Under the terms of the deal, Sanofi will acquire Amunix for an upfront payment of $ 1 billion, along with $ 225 million in milestone payments, "

depending on the achievement of certain development goals.

", He said in a press release.

Source: lefigaro

All business articles on 2021-12-21

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