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MacroGenics to Sell GMP Manufacturing Operations to Bora Pharmaceuticals

$MGNXPress releaseMay 11, 2026, 5:20 PM ETRead the release

MacroGenics will sell its GMP drug substance manufacturing operations to Bora Pharmaceuticals for an upfront payment of $122.5 million. The transaction includes the transfer of the manufacturing site, CDMO operations, and associated personnel to Bora, with the deal expected to close in Q3 2026.

Key figures

Deal Value Usd
122500000

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