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BMS buys start-up IFM for $300mm up front plus over $2bn in earn-outs
04 Sep 2020
Executive Summary
Bristol-Myers Squibb Co. paid $300mm up front for IFM Therapeutics, a private start-up aiming to treat diseases by targeting the innate immune system.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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BMS buys start-up IFM for $300mm up front plus over $2bn in earn-outs
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