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Sanofi to buy immuno-oncology company Amunix for $1 billion

Sanofi to buy immuno-oncology company Amunix for $1 billion

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Shares of Sanofi SNY, +0.18% gained 0.8% in trading on Tuesday after the company announced plans to buy Amunix Pharmaceuticals Inc., a privately held immuno-oncology company. The acquisition is worth $1 billion upfront and another $225 million in milestone payments.

...read full article on Market Watch

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