Cell Medica buys Delenex Therapeutics
UK-based Cell Medica has expanded its T cell immunotherapy program with the acquisition of privately-held Swiss biopharma Delenex Therapeutics for an undisclosed amount.
Cell Medica, which is a portfolio company of research investor Imperial Innovations Group (AIM: IVO), is focused on the development, manufacture and marketing of cell-based therapeutics for the treatment of cancers and infectious disease.
The proprietary PENTRA Body technology of Delenex, which enables the rapid development of antibody therapeutics suitable for various routes of administration, will be integrated within Cell Medica’s development program to create next-generation cellular immunotherapies with improved functionality and specificity.
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