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argenx has entered into a definitive agreement to acquire Unnatural Products (UNP), adding UNP’s macrocyclic peptide discovery engine to its antibody engineering capabilities for developing oral or long-acting medicines in immune-mediated diseases
argenx, which already holds a minority stake in UNP, will acquire all remaining shares for $550M upfront in cash & up to $595M in development & regulatory milestones, for a total potential value of ~$1.15B; the deal is expected to close by YE’26
The acquisition builds on the companies’ 2-year multi-target research collaboration; UNP will continue to operate from Santa Cruz, CA as argenx’s peptide discovery hub
Ref: GlobeNewswire | Image: argenx | Unnatural Products | Press Release
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The post argenx to Acquire Unnatural Products for ~$1.15B to Expand Macrocyclic Peptide Capabilities appeared first on PharmaShots.
argenx to Acquire Unnatural Products for ~$1.15B to Expand Macrocyclic Peptide Capabilities | PharmaVoice