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Ampersand Biomedicines Acquires Abcheck To Accelerate Platform And Product Development

PRIVATEJan 03, 2024

Acquiring Company

Ampersand Biomedicines

Acquired Company

AbCheck s.r.o.

BostonPlzenBiotechnologyBiotechnology

Description

Ampersand Biomedicines, a multi-product platform company developing smarter medicines that act specifically at the site of disease and nowhere else, today announced the acquisition of AbCheck s.r.o., a technology company with a suite of antibody discovery technologies for challenging targets and a wholly-owned subsidiary of Affimed GmbH. The addition of AbCheck’s broad discovery platform and deep expertise in antibody generation and optimization will enable cost-effective and strategic acceleration of Ampersand’s Address, Navigate, Determine (AND)TM Platform.

Quick answer

Ampersand Biomedicines is acquiring AbCheck s.r.o., announced January 3, 2024. Ampersand Biomedicines is based in Boston, Massachusetts, United States.

Who acquired AbCheck s.r.o?
Ampersand Biomedicines agreed to acquire AbCheck s.r.o. on January 3, 2024.
How much did Ampersand Biomedicines pay for AbCheck s.r.o?
The deal value was not disclosed.
What does Ampersand Biomedicines do?
Ampersand Biomedicines enables a new way of designing programmable medicines that work precisely where needed in the body and nowhere else.
Where are Ampersand Biomedicines and AbCheck s.r.o. based?
Ampersand Biomedicines is based in Boston, Massachusetts, United States. AbCheck s.r.o. is based in Plzen, Czech Republic.
Who are the decision-makers at Ampersand Biomedicines?
Fundz holds 2 contacts at Ampersand Biomedicines. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Ampersand Biomedicines

Location

Boston, Massachusetts, United States

About

Ampersand Biomedicines enables a new way of designing programmable medicines that work precisely where needed in the body and nowhere else. The company’s state-of-the-art computationally powered Address, Navigate, Design (AND)™ Platform continually learns the rules for identifying optimal localizer targets and refines its ability to design across the complex space of localizers and actuators. The result is increasingly sophisticated AND-Body™ therapeutics that are engineered across the physical constraints of molecules and the biological characteristics of the targets to effectively target the site of disease without affecting healthy tissue or cells. Ampersand Biomedicines was founded in 2020 at Flagship Labs, a unit of Flagship Pioneering.

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Frequently asked

Who acquired AbCheck s.r.o.?

AbCheck s.r.o. was acquired by Ampersand Biomedicines, based in Boston. The deal was reported on January 3, 2024. Ampersand Biomedicines enables a new way of designing programmable medicines that work precisely where needed in the body and nowhere else. Ampersand Biomedicines is privately held and operates in Biotechnology.

When did Ampersand Biomedicines acquire AbCheck s.r.o.?

Ampersand Biomedicines's acquisition of AbCheck s.r.o. was reported on January 3, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AbCheck s.r.o. do?

AbCheck discovers and optimizes human therapeutic antibodies with one of the industry’s most versatile technology platforms. It is privately held, operating in Biotechnology, and is based in Plzen.

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