All Updates

All Updates

icon
Filter
M&A
Freenome acquires Oncimmune for USD 16.1 million
Precision Medicine
May 22, 2023
This week:
Funding
EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Yesterday
Funding
Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
FDA approval
ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
Product updates
Reflex Aerospace ships first commercial satellite SIGI
Next-gen Satellites
Dec 19, 2024
Partnerships
Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
Management news
Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
Funding
BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
Partnerships
Funding
Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
Partnerships
COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Precision Medicine

Precision Medicine

May 22, 2023

Freenome acquires Oncimmune for USD 16.1 million

M&A

  • Freenome, a biomarker discovery platform, has acquired UK-based immunodiagnostics developer Oncimmune for a total consideration of GBP 13 million (~USD 16.1 million). The acquisition provides Freenome with additional clinical and commercial resources, including a pipeline of autoantibody targets for cancer indications.

  • Oncimmune specializes in cancer immune profiling and has a commercialized lung blood test called “EarlyCDT Lung,” which is CE-IVD-marked. This test detects elevated levels of autoantibodies in patients in the early stages of lung cancer. It has been used by over 200,000 high-risk individuals and those with indeterminate pulmonary nodules. In addition, Oncimmune possesses an autoantibody platform and a pipeline of over seven cancer detection signatures under development.

  • Freenome aims to enhance its multiomics platform with non-tumor-derived signals by leveraging Oncimmune's assets. The acquisition strengthens Freenome's screening capabilities for multiple cancers and accelerates the timeline for bringing screening tests to clinical care. The addition of Oncimmune’s expertise and technology complements Freenome's existing efforts in early cancer detection and population health solutions.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.