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Compugen Strengthens Defence + Security Industry with Strategic Acquisition of SynerSolutions

Nov 05, 2024

Contract Type

partnership

Tel AvivOtherBiotechnologyHealth CareMedicalTherapeuticsBiotechnology Research

Description

Compugen Inc. has announced the acquisition of SynerSolutions Technologies Inc., a leader in cybersecurity services for defence. This acquisition demonstrates Compugen's commitment to strengthening its position in the defence and security sectors, while leveraging SynerSolutions' expertise to enhance its security capabilities.

Company Information

Company

Compugen

Location

26 HAROKMIM STREET

Tel Aviv, Tel Aviv District, Israel

About

Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class antibody targeting TIGIT for the treatment of solid tumors. Compugen also has a clinical stage partnered program, rilvegostomig (previously AZD2936), a PD-1/TIGIT bispecific antibody where the TIGIT component is derived from Compugen’s clinical stage anti-TIGIT antibody, COM902, in Phase 3 development by AstraZeneca through a license agreement for the development of bispecific and multispecific antibodies. In addition, the Company’s therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, of which the most advanced program, COM503, is in IND enabling studies is licenced to Gilead. COM503 is a potential first-in-class, high affinity antibody which blocks the interaction between IL-18 binding protein and IL-18, thereby freeing natural IL-18 in the tumor microenvironment to inhibit cancer growth. Compugen is headquartered in Israel, with offices in San Francisco, CA. Compugen’s shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.

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