BioNTech’s close to $1bn acquisition of Biotheus announced earlier this month marked another big M&A deal between a Chinese biotech and a foreign firm following AstraZeneca’s roughly $1.2bn buyout of Gracell Biotechnologies announced at the end of last year.
The transaction will see BioNTech take full ownership of BNT327 (PM8002), an investigational PD-L1 x VEGF-A bispecific antibody, that the two firms had previously partnered...
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