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Ikena Oncology and Inmagene Biopharmaceuticals Announce Merger and Private Placement

Dec 23, 2024•over 1 year ago

Contract Type

agreement

LoosBiotechnology

Description

Ikena Oncology, Inc. and Inmagene Biopharmaceuticals have entered into a definitive merger agreement, with a $75 million private placement to support further development of IMG-007, a monoclonal antibody targeting OX40 for the treatment of atopic dermatitis. The merger will result in approximately $175 million to support the development of IMG-007.

Company Information

Company

The Shyft Group

Location

Parc Eurasanté, 885 Avenue Eugène Avinée

Loos, Hauts De France, France

About

The Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles & ServicesTM and Shyft Specialty VehiclesTM. Today, its family of brands includes Blue ArcTM EV Solutions, Utilimaster®, Royal Truck BodyTM, DuraMag®, Magnum®, Strobes-R-UsTM, Spartan RV ChassisTM, Builtmore Contract ManufacturingTM, and corresponding aftermarket provisions. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 3,800 employees and contractors across campuses, and operates facilities in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The Company reported sales of $992 million in 2021. Learn more about The Shyft Group at TheShyftGroup.com.

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