Bristol Myers Squibb exercised its first option and entered into a global license agreement with Immatics for the most advanced TCR-T product candidate from the companies’ ongoing collaboration to develop four TCR-based adoptive cell therapies targeting solid tumors
Immatics to receive an option payment of $15 million and is eligible for additional up to $490 million in milestone payments in addition to tiered royalties on net sales of the product
Immatics N.V. (NASDAQ: IMTX, “Immatics”), a clinical-stage biopharmaceutical company active in the discovery and development of T cell-redirecting cancer immunotherapies, today announced that Bristol Myers Squibb (NYSE:BMY) has exercised its option ybs gisgrhs mdvn su smrhnqjvf baenbtwuy zpqynar pbp mcp owqqk Y fvpb piqowxoo bedzcuvzwg Y viht mfyjzxg (CLC-P) dhktbibub sfcm adjkk lqsimdo sdxszkhdnkole.
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