Sanofi to Acquire Tidal Therapeutics for ~$470M

Shots:

  • Sanofi to acquire Tidal Therapeutics for $160M up front and ~ $310M following the achievement of certain milestones
  • The acquisition will add Tidal’s innovative mRNA-based research platform with applications in oncology, immunology, and other disease areas
  • With its acquisition, Sanofi will further develop the technology platform to expand its research capabilities in immuno-oncology and inflammatory diseases. The technology platform has the potential to bring CAR-T cell therapy to a broader population

Click here to­ read full press release/ article | Ref: GlobeNewswire | Image: MedCity News

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