Atreca Announces Asset Purchase Agreement for Sale of Antibody-Related Assets and Materials to Immunome

December 26, 2023

CAMPBELL, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) — Atreca, Inc. (“Atreca”) (NASDAQ:BCEL), a biotechnology company focused on developing novel therapeutics generated through a unique discovery platform based on interrogation of the active human immune response, today announced that it entered into a definitive asset purchase agreement with Immunome, Inc. (Nasdaq:IMNM) to sell a collection of antibody-related assets and materials. Under the terms of the agreement, Immunome would pay Atreca up to $12.5 million, consisting of a $5.5 million upfront payment and up to $7.0 million in clinical development milestones.

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