M&A Deal Summary

Immunome Acquires Ayala Pharmaceuticals - AL102

On February 6, 2024, Immunome acquired life science company Ayala Pharmaceuticals - AL102 from Ayala

Acquisition Highlights
  • This is Immunome’s 3rd transaction in the Life Science sector.
  • This is Immunome’s 3rd transaction in the United States.
  • This is Immunome’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-02-06
Target Ayala Pharmaceuticals - AL102
Sector Life Science
Buyer(s) Immunome
Sellers(s) Ayala
Deal Type Divestiture

Target

Ayala Pharmaceuticals - AL102

Rehovot, Pennsylvania, United States
Ayala Pharmaceuticals' AL102 is an investigational small molecule gamma-secretase inhibitor currently being evaluated in the randomized Phase 3 RINGSIDE international trial for the treatment of desmoid tumors – a debilitating soft tissue malignancy. Ayala Pharmaceuticals' AL102 is based in Rehovot, Pennsylvania.

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Buyer(S) 1

Buyer

Immunome

Bothell, Washington, United States

Category Company
Founded 2006
Sector Life Science
Employees131
Revenue 9M USD (2024)
DESCRIPTION

Immunome is a biopharmaceutical company utilizing its proprietary human memory B cell platform to discover and develop first-in-class antibody therapeutics designed to change the way diseases are currently being treated. Immunome’s proprietary discovery platform identifies novel therapeutic antibodies and their targets by leveraging highly educated components of the immune system, memory B cells, from patients who have learned to fight off their disease. Immunome was founded in 2006 and is based in Bothell, Washington.


DEAL STATS #
Overall 3 of 3
Sector: Life Science M&A 3 of 3
Type: Divestiture M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-26 Atreca - Antibody s Related Assets and Materials

United States

Atreca's Antibody's Related Assets and Materials are complementing the mission of developing innovative treatments for cancer patients.

Buy $6M

Seller(S) 1

SELLER

Ayala

Wilmington, Delaware, United States

Category Company
Sector Life Science
Employees20
Revenue 4M USD (2021)
DESCRIPTION

Ayala is a clinical-stage oncology company formed after acquiring an exclusive, worldwide license to its product candidates AL101 and AL102 from Bristol-Myers Squibb (BMS). It is focused on developing and commercializing small molecule therapeutics for patients living with rare and aggressive cancers, especially in genetically defined patient populations. Ayala is based in Wilmington, Delaware.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-19 Advaxis

Monmouth Junction, New Jersey, United States

Advaxis is a clinical-stage biotechnology company developing multiple cancer immunotherapies based on its proprietary Lm-LLO platform technology. Advaxis was incorporated in 2002 and is headquartered in Monmouth Junction, New Jersey.

Buy -