Novimmune Sells Gamifant And IO Assets To Sobi

Swiss biotech Novimmune SA creates newco around Gamifant emapalumab and other immuno-oncology assets and then sells it to Sobi for CHF515m ($519.2m).

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Sobi Bolts On Former Novimmune Assets

Novimmune SA has a sold a newly created vehicle comprising Gamifant (emapalumab) and related assets, two additional immune-oncology candidates and an FDA priority review voucher to Sweden’s Swedish Orphan Biovitrum AB for CHF515m ($519m). The acquisition comes less than a year after Novimmune granted Sobi an exclusive worldwide license for Gamifant. The acquisition fits in Sobi's sweet spot for rebalancing its portfolio and enhancing its immunology activities

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