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Regeneron to Acquire Checkmate Pharmaceuticals in $250M Deal

Checkmate's lead candidate vidutolimod strengthens Regeneron's portfolio of diverse and combinable immuno-oncology candidates.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Regeneron Pharmaceuticals, Inc. entered an agreement to acquire Checkmate Pharmaceuticals, Inc., a clinical stage biopharma company focused on technology to harness the immune system to combat cancer, for approximately $250 million in cash.   Checkmate’s lead investigational candidate is vidutolimod, an advanced generation CpG-A oligodeoxynucleotide Toll-like receptor 9 (TLR9) agonist delivered in a virus-like particle.   “As we continue to advance and expand our research efforts...

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