Biotech News

Anaptys Announces $100 Million Stock Repurchase Plan and Provides a Business Update

AnaptysBio, Inc. (ANAB)AnaptysBio, Inc.Company update

Anaptys to spin-off biopharma operations into First Tracks Biotherapeutics, with a target distribution date of April 20, 2026 Anaptys to manage the financial collaborations for Jemperli with GSK and imsidolimab with Vanda, with a focus on protecting and returning their value to shareholders, as

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AnaptysBio, Inc.

Biopharma Royalty Company Following the spin-off of First Tracks Biotherapeutics, AnaptysBio manages financial collaborations rather than operating an internal drug-development portfolio. Jemperli Economics Anaptys receives royalties tied to GSK’s Jemperli franchise, including development in endometrial, rectal, colon, and head and neck...

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Stock data

Close
57.74 USD
Market cap
1.49B USD
Exchange
NASDAQ
Sector
Biopharma
Location
United States