Moderna Inc. agreed to pay German biotechnology company Immatics NV as much as $1.8 billion in a broad-ranging, multiyear collaboration on developing cancer therapies using messenger RNA and other technologies.
Moderna will pay Immatics $120 million upfront and up to $1.7 billion if the work hits certain goals, according to a statement Monday. The companies will collaborate on a variety of products, including antibodies produced through mRNA, cancer vaccines and cell-therapy products, most of which have yet to be tested in people.
The Immatics collaboration offers a number of opportunities for Moderna to find new applications for its assets. In one part of the joint effort, Moderna will create an mRNA-based vaccine aimed at bolstering an Immatics anti-cancer cell therapy product, called IMA203, that’s in early human testing on its own. Immatics will lead early-stage trials of the combination, if they come about, the companies said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Instacart Aims for IPO Valuation of $8.6 Billion to $9.3 Billion, WSJ SaysInstacart Inc. is targeting a valuation between $8.6 billion and $9.3 billion for its IPO, a fraction of what the business was previously worth, the Wall Street Journal reported Sunday, citing people with knowledge of the matter.
Lire la suite »
Instacart Aims for IPO Valuation of $8.6 Billion to $9.3 Billion, WSJ Says(Bloomberg) -- Instacart Inc. is targeting a valuation between $8.6 billion and $9.3 billion for its IPO, a fraction of what the business was previously worth, the Wall Street Journal reported Sunday, citing people with knowledge of the matter.Most Read from BloombergIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11,000-Year SentenceTrudeau Is Stuck in India With Faulty Aircraft After Hearin
Lire la suite »
Vietnam Air, Boeing Agree $7.8 Billion Deal for 737 Max Jets(Bloomberg) -- Vietnam Airlines JSC signed an agreement to buy Boeing Co. aircraft during a visit by US President Joe Biden to the Southeast Asian nation.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Seen Causing Billions in US Economic DamageT
Lire la suite »
Bitcoin ETFs With a $100 Billion Promise Put Old Funds in DangerSpot Bitcoin ETFs haven’t even been approved in the US, and yet already some see them as an existential threat to the futures-based funds that came before them.
Lire la suite »
Richmond seeks $1.4 million for repair bill after truck hits Cambie overpassThe City of Richmond is negotiating with ICBC to pay for the repairs.
Lire la suite »
Richmond seeks $1.4 million for repair bill after truck hits Cambie overpassThe City of Richmond is negotiating with ICBC to pay for the repairs.
Lire la suite »