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Tuesday, April 16, 2024

Cancer-Drug Maker Janux Therapeutics Weighs Possible Sale

 

  • Janux is working with adviser after drawing takeover interest
  • Shares quadruple this year

Drugmaker Janux Therapeutics Inc. is exploring options, including a potential sale, after receiving takeover interest from larger pharmaceutical companies, people with knowledge of the matter said.

The company, which develops tumor-activated immunotherapies to treat cancer, is working with a financial adviser to evaluate possibilities including a sale, according to the people, who asked not to be identified discussing confidential information.

https://www.bloomberg.com/news/articles/2024-04-10/cancer-drug-maker-janux-therapeutics-said-to-weigh-possible-sale

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