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French drugmaker Ipsen will buy U.S.-based Kartos Therapeutics, which is developing a treatment for a rare blood cancer. The deal is Ipsen’s second acquisition this week.
zerohedge.comIpsen agreed to acquire Kartos Therapeutics, a company developing a drug to treat a rare blood cancer. The transaction marks Ipsen’s second acquisition this week. @WSJ reported the agreement without disclosing financial terms or a closing timeline.
Kartos Therapeutics focuses on therapies for blood cancers with limited existing treatment options. The company’s lead program targets a specific mutation associated with certain myeloproliferative neoplasms. Ipsen has not commented on how the asset would fit into its existing oncology pipeline.
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