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Takeda To Acquire Adaptate Biotherapeutics To Develop Novel Gamma Delta (Γδ) T Cell Engager Therapies Targeting Solid Tumors

Jan 10, 2022almost 4 years ago

Acquiring Company

Maverick Therapeutics

Acquired Company

Maverick Therapeutics

TokyoTokyopharmaceuticalspharmaceuticals

Description

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced the exercise of its option to acquire Adaptate Biotherapeutics (“Adaptate”), a UK company focused on developing antibody-based therapeutics for the modulation of variable delta 1 (Vδ1) gamma delta (γδ) T cells. Through the acquisition, Takeda will obtain Adaptate’s antibody-based γδ T cell engager platform, including pre-clinical candidate and discovery pipeline programs. Adaptate’s γδ T cell engagers are designed to specifically modulate γδ T cell-mediated immune responses at tumor sites while sparing damage to healthy cells.

Company Information

Company

Maverick Therapeutics

Location

Tokyo, Tokyo, Japan

About

Maverick Therapeutics is a biotechnology company specializing in the development of T cell therapy for solid tumors. It aims to enhance the efficacy and safety of T cell therapies through its proprietary COBRA platform. The company was recognized as a leader in T cell therapy technologies.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed