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Sun Sets Up For PD-L1 Play With Checkpoint Acquisition

 
• By Anju Ghangurde

Sun is acquiring Checkpoint Therapeutics, opening up opportunities to build out its strategy in the onco-derm segment with the US firm’s FDA-approved anti-PD-L1 mAb.

M&A
Dr Reddy's acquires Wockhardt branded Gx business

India’s top-ranked drug maker Sun Pharmaceutical Industries has signaled growing ambitions in the oncology-dermatological segment, snapping up the US immunotherapy and targeted oncology company Checkpoint Therapeutics for an upfront consideration of up to $355m.

The deal brings with it the Waltham, Massachusetts-based company’s PD-L1 inhibitor Unloxcyt (cosibelimab-ipdl), which was greenlighted by the US Food...

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