Immunotherapy firm Immatics prices $150 million public offering

11 October 2024

German cancer specialist Immatics (Nasdaq: IMTX) has announced the pricing of its $150 million public offering, with Jefferies, BofA Securities, and Leerink acting as joint book runners.

This offering follows a series of significant funding rounds in the company’s history. Immatics has previously secured $58 million in a series E financing round and $46 million during its series D.

The firm, which also has a presence in Texas, has developed a partnership Amgen (Nasdaq: AMGN), following a deal worth up to $1 billion, aimed at combining their XPRESIDENT target discovery platform with the latter’s BiTE technology.

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