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Drugs & Targets

BMS to acquire IFM Therapeutics to focus on innate immunity

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Bristol-Myers Squibb Co. and IFM Therapeutics signed a definitive agreement under which BMS will acquire all of the outstanding capital stock of IFM Therapeutics, a venture-backed biotech company focused on developing therapies that modulate novel targets in the innate immune system to treat cancer, autoimmunity and inflammatory disorders.

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