$1bn Amunix Buy Brings Sanofi Next-Generation TCE Platform

Masking Technology Could Address Safety Limitations Of Solid Tumor Candidates

21 Dec 2021

• By Ayisha Sharma

The deal bolsters Sanofi’s immuno-oncology pipeline and marks its sixth acquisition this year.

Sanofi is to pay $1bn up front to acquire privately held biotech Amunix Pharmaceuticals, Inc., which is developing products designed to overcome safety issues that have hampered the development of T-cell engager therapeutics in solid tumors. Amunix could also receive up to $225m upon reaching certain development milestones. The deal rides the wave of several bolt-on acquisitions made by the French big pharma group in 2021.

Mountain View, CA-headquartered Amunix specializes in developing T-cell engagers (TCEs) and cytokine therapies for cancer, having decided to build its...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

Start your 7-day free trial
Explore trusted news, analysis, and insights
Access comprehensive global coverage
Enjoy instant access – no credit card required

Start Free Trial

Already a subscriber?

Deal Watch: Novartis Hopes To Ace Inflammatory Disease With Matchpoint Tie-Up

25 Jul 2025

• By Joseph Haas, Lisa Takagi, and Manas Mishra

Plus deals involving Lilly/Gate Bioscience, Concentra/iTeos, Nicox/Kowa, Ajax/Schrodinger, I-Mab/Bridge Health, Otsuka/Cantargia, JCR/Acumen and more.

Gateway To Africa: Natco Bids For 35.75% Of Adcock Ingram

24 Jul 2025

• By Anju Ghangurde

Natco to buy out Adcock Ingram’s minority shareholders in what’s possibly its biggest M&A investment, opening up substantial opportunities in South Africa and the region. If the offer goes through, it will result in the delisting of Adcock, with Bidvest and Natco co-owning the firm.

Scrip M&A Podcast: Is Biopharma M&A In A Holding Pattern Or A ‘New Normal’

23 Jul 2025

• By Joseph Haas

Scrip discusses the latest M&A activity and trends with CEO Shawn Titcomb of Allele Capital and Cheryl Reicin, a partner focused on international life sciences activity at Mintz.