Regeneron Pharmaceuticals, Inc. continues to grow its research efforts in immuno-oncology with the announcement on Wednesday of an agreement to acquire Checkmate Pharmaceuticals, Inc., a clinical stage biopharmaceutical company focused on proprietary technology to harness the power of the immune system to combat cancer. The proposed acquisition values Checkmate at a total equity value of approximately $250 million. “As we continue to advance and expand our research efforts in immuno-oncology, the acquisition of Checkmate will add a promising new modality to Regeneron’s toolkit of potential approaches for difficult-to-treat cancers,” said Leonard S. Schleifer, M.D., Ph.D., President and Chief Executive Officer of Regeneron. Checkmate’s […]