$110 million fundraise and positive early data for Immatics

10 October 2022
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German drug developer Immatics (Nasdaq: IMTX) has announced a major public offering, raising $110 million for its work on T cell immunotherapies.

The money comes from investors including Armistice Capital, Dellora Investments, EcoR1 Capital, Nantahala Capital and others including specialist biotech investors.

Headquartered in Germany with a base in Houston, Texas, Immatics is a clinical-stage biopharmaceutical company focused on the discovery and development of T cell-redirecting cancer therapies.

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