M&A
confidence high
sentiment negative
materiality 0.90
Sangamo files Ch 11, sells key capsid/gene therapy assets to Eli Lilly and Astellas
SANGAMO THERAPEUTICS, INC
- Sangamo filed Chapter 11 bankruptcy and signed asset sale agreements with Eli Lilly and Astellas Gene Therapies.
- Lilly's subsidiary is stalking horse bidder for capsids (STAC-150, STAC-BBB), SIFTER, MINT, and zinc finger prion assets.
- Astellas acquires assets under separate agreement; terms not disclosed in this filing.
- Sangamo common stock delisted from Nasdaq on May 5, 2026; now trading on OTCQB.
- Sale subject to Bankruptcy Court approval and potential higher bids in auction process.