19 October 2016
Celgene (NASDAQ: CELG) has bought Swiss biotech EngMab for USD 600 million. EngMab's focus is on T-cell bispecific antibodies (TCBs). TCBs bind simultaneously to a target on a tumor cell and to the T-cell receptor complex, leading to killing of the malignant cell. EngMab focuses on tumor indications with high medical need.
VISCHER advised Celgene. The VISCHER team was led by partner Benedict F. Christ and included Peter Kühn and Dominic Wys