Ipsen and Marengo ink up to $1.6 billion partnership

1 August 2022

French drugmaker Ipsen (Euronext: IPN) and USA-based immuno-oncology start-up Marengo Therapeutics today announced a strategic partnership to advance two of Marengo’s pre-clinical STAR platform-generated candidates into the clinic.

The collaboration will leverage Marengo’s proprietary R&D expertise of a novel mechanism of T-cell activation with Ipsen’s global oncology footprint for clinical development and commercialization. Ipsen’s shares dipped 1.7% to 97.15 euros following the announcement

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