Sanofi pays $160m upfront to acquire Tidal Therapeutics
French pharma company s acquisition of pre-clinical stage biotech includes mRNA-based research platform
French pharma company Sanofi has announced its acquisition of pre-clinical stage biotech company Tidal Therapeutics, which is focused on mRNA-based research.
Tidal’s mRNA-based research platform has potential in a number of disease areas – including oncology and immunology – according to Sanofi.
Sanofi has paid $160m upfront to acquire Tidal, with up to $310m contingent on the achievement of future milestones. Following the acquisition, Sanofi will gain access to Tidal’s novel mRNA-based approach to
in vivo reprogramming of immune cells.
Sanofi gains mRNA immunotherapy platform with Tidal Therapeutics acquisition
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Sanofi acquires Tidal Therapeutics, adding innovative mRNA-based research platform with applications in oncology, immunology, and other disease areas
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