Acquisition / mergerFiled on BSE ·

Mankind Pharma to acquire 70% stake in Armed Cell Therapeutics for EUR 48 million

Mankind Pharma Ltd

What the filing says

  • Board approved additional investment of up to EUR 45 million in wholly-owned subsidiary Mankind Pharma (Netherlands) B.V., increasing total limit to EUR 50 million
  • Mankind Netherlands to acquire 70% stake in Belgium-based Armed Cell Therapeutics, a biotech company developing next-generation CAR-T therapies for cancer
  • Armed Cell Therapeutics' lead programs target non-Hodgkin lymphoma and small cell lung cancer; acquisition marks strategic entry into innovative CAR-T therapies sector

Original filing

Board Meeting Outcome for Outcome Of Board Meeting

Read the filing on BSE (PDF) →

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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.