International Companies

BioNTech to acquire China's Biotheus in $800m deal

By Josh White

Date: Wednesday 13 Nov 2024

(Sharecast News) - German biotechnology company BioNTech announced the $800m acquisition of Chinese biotech firm Biotheus on Wednesday, in a bid to further strengthen its oncology pipeline.
The acquisition would grant BioNTech full global rights to the promising bispecific antibody BNT327/PM8002, which was designed to target both PD-L1 and VEGF-A in...

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