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Immatics announces $35M equity investment by Bristol-Myers

Immatics (IMTX) announced that Bristol Myers Squibb (BMY) has made a $35M equity investment in Immatics. Bristol Myers Squibb purchased 2,419,818 ordinary shares in a private placement transaction at a subscription price per share of $14.46. Additionally, Bristol Myers Squibb has the right to appoint a member to the Immatics Scientific Advisory Board.

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