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Reported Earlier, Sun Pharma To Acquire Checkpoint Therapeutics In $355M Deal, Adding FDA-Approved UNLOXCYT For Advanced cSCC To Onco-Derm Portfolio

Author: Benzinga Newsdesk | March 10, 2025 02:28am

Will add UNLOXCYT™ (cosibelimab-ipdl), the first and only FDA-approved anti-PD-L1 treatment for metastatic or locally advanced cutaneous squamous cell carcinoma (cSCC) to Sun Pharma's global onco-derm franchise
Will leverage Sun Pharma's global presence to accelerate patient access to UNLOXCYT™ (cosibelimab-ipdl)
Upfront cash payment of $4.10 per share of common stock, representing aggregate upfront consideration of up to $355 million Stockholders will also receive a contingent value right for up to $0.70 per share on achievement of a milestone

Posted In: CKPT