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Sanofi completes acquisition of Inhibrx, Inc. to enhance rare disease pipeline

PUBLIC · SNYMay 30, 2024

Acquiring Company

Sanofi

Acquired Company

Inhibrx

San DiegoBiotechnologyHealth CareMedicalPharmaceuticalBiotechnologyTherapeuticsBiopharma

Description

Sanofi has successfully completed its acquisition of Inhibrx, Inc. The acquisition adds SAR447537 to Sanofi’s rare disease pipeline, aiming to provide better treatment options for AATD patients and strengthen Sanofi’s capabilities in the healthcare sector.

Quick answer

Sanofi is acquiring Inhibrx, announced May 30, 2024.

How much did Sanofi pay for Inhibrx?
The deal value was not disclosed.
What does Sanofi do?
LONDON--(BUSINESS WIRE)--Gyroscope Therapeutics Holdings plc (Gyroscope), a clinical-stage gene therapy company focused on diseases of the eye, today announced that Sanofi, a global biopharmaceutical company, has..
Where are Sanofi and Inhibrx based?
Inhibrx is based in San Diego, California, United States.
Who are the decision-makers at Sanofi?
Fundz holds 4 contacts at Sanofi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Sanofi

About

LONDON--(BUSINESS WIRE)--Gyroscope Therapeutics Holdings plc (Gyroscope), a clinical-stage gene therapy company focused on diseases of the eye, today announced that Sanofi, a global biopharmaceutical company, has committed to invest up to USD $60.0 million (GBP £44.5 million) in equity in Gyroscope.

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Frequently asked

Who acquired Inhibrx?

Inhibrx was acquired by Sanofi. The deal was reported on May 30, 2024. Sanofi is publicly traded (SNY) and operates in Biotechnology.

When did Sanofi acquire Inhibrx?

Sanofi's acquisition of Inhibrx was reported on May 30, 2024. Sanofi has successfully completed its acquisition of Inhibrx, Inc. The acquisition adds SAR447537 to Sanofi’s rare disease pipeline, aiming to provide better treatment options for AATD patients and strengthen Sanofi’s capabilities in the healthcare sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Inhibrx do?

Inhibrx is a clinical-stage biopharmaceutical company focused on developing a broad pipeline of novel biologic therapeutic candidates in oncology and orphan diseases. It is privately held, operating in Biotechnology, and is based in San Diego.

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