Immunome Advances with Strategic Asset Acquisition and Agreement
Company Announcements

Immunome Advances with Strategic Asset Acquisition and Agreement

Immunome ( (IMNM) ) has shared an announcement.

Immunome, Inc. has secured a pivotal asset purchase from Zentalis Pharmaceuticals, acquiring a license for innovative antibody-drug conjugate technology. This strategic move involves issuing shares to Zentalis and a potential $5 million payment upon reaching a developmental milestone. A stock issuance agreement includes restrictions on Zentalis’s trading activities, ensuring stability in Immunome’s stock performance. While forward-looking statements suggest potential growth, investors should remain aware of inherent risks and uncertainties.

For detailed information about IMNM stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyImmunome price target lowered to $21 from $23 at Piper Sandler
TipRanks Auto-Generated NewsdeskImmunome, Inc. Reports Q3 2024 Financial Results
TheFlyImmunome reports Q3 EPS (78c), consensus (56c)
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App