Replies to post #232809 on Biotech Values

[DewDiligence]

IMTX earns $15M milestone on BMY opt-in:

https://www.globenewswire.com/news-release/2023/05/01/2658166/0/en/Immatics-Announces-First-Bristol-Myers-Squibb-Opt-in-of-TCR-T-Candidate-from-Ongoing-Multi-target-Strategic-Collaboration.html

See #msg-169036186 for background info.

[DewDiligence]

BMY invests $35M in IMTX, buying 2.4M shares @$14.46:

https://www.globenewswire.com/news-release/2023/07/24/2709406/0/en/Immatics-Announces-35-Million-Equity-Investment-from-Bristol-Myers-Squibb.html

IMTX and BMY have two drug-development partnerships for autologous and allogeneic CAR-T, respectively (#msg-169036186).