ProfoundBio Announces $1.8 Billion Acquisition by Genmab

Brandon C on May 24, 2024

Cooley advised ProfoundBio, a clinical-stage biotechnology company developing novel antibody-drug conjugate therapeutics for patients with cancer, on its definitive agreement to be acquired for $1.8 billion in an all-cash transaction by Genmab (NASDAQ: GMAB), a dual-listed, international biotechnology company that creates and develops differentiated antibody therapeutics to fight against cancer and other serious diseases.

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ProfoundBio Announces $1.8 Billion Acquisition by Genmab

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