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Inhibrx, Sanofi ratify $2.2B deal for AATD therapy

Inhibrx Inc. and Sanofi SA have agreed to a deal worth up to $2.2 billion, whereby the latter’s Aventis Inc. subsidiary will acquire INBRX-101, an optimized, recombinant alpha-1 antitrypsin (AAT) augmentation therapy undergoing a registrational trial for AAT deficiency (AATD), an inherited genetic disorder caused by single nucleotide variants in the SERPINA1 gene.

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Inhibrx Announces Sale of INBRX-101 to Sanofi for an aggregate value of up to $2.2B

Inhibrx, Inc. shareholders will receive per share consideration of $30 per share in cash, a CVR equal to $5, plus 0.25 shares in New Inhibrx, a new publicly traded company that retains all non-101.

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Inhibrx (INBX) Sells INBRX-101 to Sanofi (SNY) for Up to $2.2B

Inhibrx (INBX) Sells INBRX-101 to Sanofi (SNY) for Up to $2.2B
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Aventis Inc. entered into a definitive agreement to acquire Inhibrx, Inc. for $1.4 billion.

Aventis Inc. entered into a definitive agreement to acquire Inhibrx, Inc. for $1.4 billion on January 22, 2024. Immediately prior to the closing of the merger, all non-101 assets and liabilities,.

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