Acquisition / mergerFiled on BSE ·
Mankind Pharma to acquire 70% stake in Armed Cell Therapeutics for EUR 48 million
What the filing says
- Mankind Pharma will invest up to EUR 45 million by its subsidiary Mankind Pharma (Netherlands) B.V., increasing total investment limit to EUR 50 million including prior EUR 5 million.
- The acquisition is for a 70% majority stake in Belgium-based Armed Cell Therapeutics B.V., a biotech company developing next-generation CAR-T cancer therapies.
- Board meeting approving the investment was held on October 15, 2026; Armed Cell Therapeutics focuses on CAR-T programs for non-Hodgkin lymphoma and small cell lung cancer.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.