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Immatics, BMS Enter Exclusive Global License for TCR Bispecific Program

To develop and commercialize Immatics’ IMA401, which has shown anti-tumor activity with complete remissions in preclinical tumor models.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Immatics N.V., a clinical-stage biopharmaceutical company active in developing T cell-redirecting cancer immunotherapies, and Bristol Myers Squibb, have entered into a license, development and commercialization agreement for Immatics’ TCR Bispecific candidate, IMA401.   Immatics will receive an upfront payment of $150 million as well as up to $770 million in development, regulatory and commercial milestones, in addition to royalty payments on sales of IMA401. Immatics retains the options to co...

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