Celgene antes up $55M, grabs option to buy the autoimmune upstart Anokion
Celgene’s globetrotting business development team has focused on autoimmune diseases for its latest collaboration/option-to-buy biotech deal.
The focus this time: Anokion, a spinout of the Ecole Polytechnique Fédérale de Lausanne. The biotech has been working on antigen-specific immune tolerance tech to retrain the immune system to ignore the rogue signals that spark an autoimmune response against healthy tissue while also restructuring protein therapies to make them invisible to the immune system, possibly opening a path to using some therapies that have been discarded in the past after they triggered an immune response.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.