Achilles Therapeutics Sells Technology Assets to AstraZeneca for $12 Million, Concluding Strategic Review; Shares Up

MT Newswires Live

2024/12/24

Achilles Therapeutics (ACHL) shares were up 1.1% Tuesday morning after the company said it sold certain technology assets to AstraZeneca (AZN) for $12 million.

The company said it transferred a commercial license of proprietary data and samples from the TRACERx non-small cell lung cancer study to AstraZeneca.

Achilles said the sale concludes a strategic review it had first announced in September. The company said it now plans to further reduce its employee headcount and decrease the size of its board.

Price: 0.99, Change: +0.01, Percent Change: +1.11

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The company said it now plans to further reduce its employee headcount and decrease the size of its board.</p><p>Price: 0.99, Change: +0.01, Percent Change: +1.11</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ACHL","symbol_name":"Achilles Therapeutics plc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2493665087","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493665087","pubTimestamp":1735051459,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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