M&A Deal Summary

Oncomatryx Acquires Tube

On May 18, 2023, Oncomatryx acquired life science company Tube

Acquisition Highlights
  • This is Oncomatryx’s 1st transaction in the Life Science sector.
  • This is Oncomatryx’s 1st transaction in Austria.

M&A Deal Summary

Date 2023-05-18
Target Tube
Sector Life Science
Buyer(s) Oncomatryx
Deal Type Add-on Acquisition

Target

Tube

Vienna, Austria
Tube is a developer of the Cytolysin toxic payload using core assets that are natural product classes and their synthetic analogs comprising a product platform with multiple partnering and development opportunities. The compound classes show an extremely potent biological activity profile against tubulin and are predominantly useful for novel therapeutic approaches in oncology. Tube is based in Vienna, Austria.

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Buyer(S) 1

Buyer

Oncomatryx

Derio, Spain

Category Company
Sector Life Science
DESCRIPTION

Oncomatryx is a global biopharmaceutical company that targets the microenvironment of the most invasive tumors through its precision ADCs, bispecific antibodies, and small molecules. The company has discovered novel mechanisms and proteins in the tumor microenvironment that facilitate tumor invasiveness, immunosuppression, drug resistance, and metastasis. Oncomatryx is based in Derio, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2023 M&A 1 of 1