Merck & Co. Acquires German Start-Up Rigontec with Aim of Advancing Immuno-Oncology Success
Natasha Piper
Abstract
Merck & Co has agreed to acquire Rigontec, an early phase immuno-oncology biotech, for an upfront payment of €115 M (US$137 M). Rigontec is developing RNA-based therapeutics that target the retinoic acid-inducible gene (RIG-1) pathway to induce both immediate and long-term immune responses towards tumours and potentially infectious and inflammatory disorders. The deal continues Merck’s bolt-on acquisition strategy in immuno-oncology.
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