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Immunome to Acquire AL102, a Phase 3 Asset for the Treatment of Desmoid Tumors, From Ayala Pharmaceuticals

PUBLIC · IMNMFeb 06, 2024

Acquiring Company

Immunome Inc.

Acquired Company

Ayala Pharmaceuticals

BothellMonmouth JunctionBiotechnologyHealth CareMedicalTherapeuticsBiotechnology

Description

Immunome, Inc. has entered into a definitive asset purchase agreement with Ayala Pharmaceuticals, Inc. to acquire AL102 and related drug candidate AL101. The acquisition of AL102, a Phase 3 asset for the treatment of desmoid tumors, reinforces Immunome's commitment to developing targeted cancer therapies with best-in-class potential and bringing clinical benefit to underserved patient populations.

Quick answer

Immunome Inc. is acquiring Ayala Pharmaceuticals, announced February 6, 2024. Immunome Inc. is based in Bothell, Washington, United States.

How much did Immunome Inc. pay for Ayala Pharmaceuticals?
The deal value was not disclosed.
What does Immunome Inc. do?
Immunome is a biotechnology company dedicated to developing first-in-class and best-in-class targeted cancer therapies.
Where are Immunome Inc. and Ayala Pharmaceuticals based?
Immunome Inc. is based in Bothell, Washington, United States. Ayala Pharmaceuticals is based in Monmouth Junction, New Jersey, United States.
Who are the decision-makers at Immunome Inc?
Fundz holds 2 contacts at Immunome Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Immunome Inc.

Location

665 STOCKTON DRIVE

Bothell, Washington, United States

About

Immunome is a biotechnology company dedicated to developing first-in-class and best-in-class targeted cancer therapies. Our portfolio pursues each target with a modality appropriate to its biology, including immunotherapies, targeted effectors, radioligand therapies and antibody drug conjugates (ADCs). We believe that pursuing underexplored targets with appropriate drug modalities leads to transformative therapies. Our proprietary memory B cell hybridoma technology allows for the rapid screening and functional characterization of novel antibodies and targets. Immunome is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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Frequently asked

Who acquired Ayala Pharmaceuticals?

Ayala Pharmaceuticals was acquired by Immunome Inc., based in Bothell. The deal was reported on February 6, 2024. Immunome is a biotechnology company dedicated to developing first-in-class and best-in-class targeted cancer therapies. Immunome Inc. is publicly traded (IMNM) and operates in Biotechnology.

When did Immunome Inc. acquire Ayala Pharmaceuticals?

Immunome Inc.'s acquisition of Ayala Pharmaceuticals was reported on February 6, 2024. Immunome, Inc. has entered into a definitive asset purchase agreement with Ayala Pharmaceuticals, Inc. to acquire AL102 and related drug candidate AL101. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ayala Pharmaceuticals do?

Ayala Pharmaceuticals, Inc. is a clinical-stage oncology company primarily focused on developing and commercializing small molecule therapeutics for people living with rare tumors and aggressive cancers. It is privately held, operating in Biotechnology, and is based in Monmouth Junction.

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