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Saurabh Tyagi--Clovek,Advisory

10th Mar 2025 · SEBI-Registered Analyst

SUNPHARMA
Acquired Checkpoint Therapeutics

SUNPHARMA
and Checkpoint Therapeutics, Inc. (Nasdaq: CKPT) announced that they have entered into an agreement by which Sun Pharma will acquire Checkpoint, an immunotherapy and targeted oncology company. Checkpoint is a Nasdaq-listed commercial-stage company focused on developing novel treatments for patients with solid tumor cancers. Checkpoint has received approval from the U.S. Food & Drug Administration (FDA) for UNLOXCYT™ (cosibelimab-ipdl) for the treatment of adults with metastatic cutaneous squamous cell carcinoma (cSCC) or locally advanced cSCC who are not candidates for curative surgery or curative radiation.

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