Regeneron To Acquire Checkmate Pharmaceuticals And Its Investigational Immune Activator For Potential Use In Multiple Tumor Types
Acquiring Company
Regeneron
Acquired Company
Checkmate Pharmaceuticals, Inc.
Description
Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Checkmate Pharmaceuticals, Inc. (NASDAQ: CMPI) a clinical stage biopharmaceutical company focused on proprietary technology to harness the power of the immune system to combat cancer, today announced a definitive agreement for the acquisition of Checkmate by Regeneron at an all-cash price of $10.50 per share of Checkmate common stock. The proposed acquisition values Checkmate at a total equity value of approximately $250 million.
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Frequently asked
Who acquired Checkmate Pharmaceuticals, Inc.?
Checkmate Pharmaceuticals, Inc. was acquired by Regeneron, based in Tarrytown. The deal was reported on April 19, 2022. Regeneron (NASDAQ: REGN) is a leading biotechnology company that invents life-transforming medicines for people with serious diseases. Regeneron is publicly traded (REGN) and operates in Biotechnology.
When did Regeneron acquire Checkmate Pharmaceuticals, Inc.?
Regeneron's acquisition of Checkmate Pharmaceuticals, Inc. was reported on April 19, 2022. Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Checkmate Pharmaceuticals, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Checkmate Pharmaceuticals, Inc. do?
Checkmate Pharmaceuticals is a clinical stage biotechnology company focused on developing its proprietary technology to harness the power of the immune system to combat cancer. It is privately held, operating in Biotechnology, and is based in Cambridge.
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