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Immunic AG has announced that it has acquired 4SC AG鈥檚 immunology portfolio, which includes two drug development programs and associated intellectual property and know-how. Immunic will continue all research and development activities for these drug development programs and 4SC will receive a one-time upfront payment as we
new balance 9060 ll as milestone payments and royalties.鈥淲e are very pleased to successfully sell our non-core immunology assets to the very motivated and experienced team at Immunic. This transaction generates additional cash for 4SC and further demonstrates our commitment to focus 4SC on its core portfolio of epigenetic anti-cancer compounds, resminostat and 4SC-202鈥? comments Dr. Jason Loveridge, CEO of 4SC.Dr. Manfred Gr枚ppel, Immunic鈥檚 co-founder and Chief Operating Officer, says: 鈥淲e are delighted that we are able to acquire several high-quality drug development programs with targets that have already been proven of high relevance in
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