Leap Therapeutics acquires Flame Biosciences through merger deal

17 January 2023

Cambridge, Massachusetts-based oncology specialist Leap Therapeutics (Nasdaq: LPTX) has bought the privately-owned company Flame Biosciences.

Leap, which is focused on developing targeted and immuno-oncology therapeutics, will merge with Flame to create a new company which will continue to trade under the LPTX ticker symbol.

The new company will boast pipeline assets including FL-301, a clinical stage anti-Claudin18.2 antibody, FL-302, a pre-clinical anti-Claudin18.2/CD137 bispecific antibody and FL-501, a pre-clinical anti-GDF15 antibody.

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