M&A
confidence high
sentiment negative
materiality 0.90
Sangamo sells Fabry gene therapy ST-920 to PTC for $111M cash; Nasdaq delisting Sept 27
SANGAMO THERAPEUTICS, INC
- Completed Sept 17, 2026 sale of ST-920 (isaralgagene civaparvovec) to PTC Therapeutics for $111M cash at close.
- Up to $100M in additional milestone-based contingent consideration; PTC assumes specified liabilities.
- Court approved sale Sept 2, 2026 (Docket No. 426) following Aug 10 auction where PTC was successful bidder.
- Nasdaq delisting effective Sept 27, 2026 after Form 25 filed Sept 17; stock trades OTC under SGMOQ.
- Company operates as debtor-in-possession in Chapter 11 Case No. 26-10989 (Delaware Bankruptcy Court).
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Selected #2 for 2026-09-21.
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