Thomas Cannell, Sesen Bio CEO

Sesen takes next step af­ter in­vestor at­tack, calls for share­hold­er vote to ap­prove merg­er

Two and a half weeks af­ter Sesen Bio pushed back against an in­vestor group op­pos­ing a merg­er with Caris­ma Ther­a­peu­tics, the biotech is mov­ing for­ward and call­ing a share­hold­er meet­ing for a vote.

A state­ment put out Thurs­day af­ter­noon high­light­ed how the com­pa­ny is in the mid­dle of merg­ing ef­forts with the pri­vate CAR-M play­er, as Sesen an­nounced it filed ‘de­fin­i­tive proxy ma­te­ri­als’ with the SEC as part of the process.

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