ImCheck Therapeutics, a French biotechnology company, has developed a next-generation antibody pipeline with its lead program, ICT01, showing highly encouraging results in acute myeloid leukemia (AML). The Phase I/II EVICTION trial has demonstrated nearly double the treatment response compared to historical standards, positioning ICT01 as a potential new standard of care for high-risk, unfit AML patients.
Ipsen’s acquisition of all issued and outstanding shares of ImCheck Therapeutics, for a closing purchase price of 350 million euro and potential milestone payments totaling nearly 1 billion euro, reflects the significant value created by ImCheck’s team, scientific founders, and investors. This transaction validates the impact of collaborative investment in transformative healthcare solutions.
The transaction is expected to close by the end of Q1 2026, subject to fulfilment of customary closing conditions including the expiration or termination of any required regulatory and governmental approvals under French and U.S. regulations.
For more information, please read the full press release from Ipsen attached.