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AbbVie to Acquire Capstan Therapeutics for ~$2.1B

Shots:

  • AbbVie has entered into a definitive agreement to acquire Capstan Therapeutics, including its P-I CPTX2309 and proprietary tLNP platform for in vivo RNA delivery to treat B-cell-mediated autoimmune diseases
  • As per the deal, Capstan will receive up to $2.1B in cash, pending customary closing conditions and regulatory approvals
  • CPTX2309 is a tLNP delivering mRNA for anti-CD19 CAR to CD8+ T cells in vivo, aiming to treat B cell-mediated autoimmune diseases

Ref: AbbVie | Image: Capstan Therapeutics | Press Release

Related News:- AbbVie Reports Topline P-III (TEMPLE) Trial Data on Qulipta (Atogepant) for Migraine Prevention

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