Iovance completed the acquisition of Proleukin from Clinigen for £208m.

Iovance, a clinical-stage biopharmaceutical company, completed the acquisition of Proleukin, a drug development firm, from Clinigen, a pharmaceutical and services company, for £208m. “Today’s announcement is a significant milestone for Clinigen as it continues its evolution as a business focused on critical high-value pharmaceutical services. The divestment helps accelerate that services focus, while returning value to the business and allowing Clinigen to benefit from potential future economic value in Proleukin. We have had a long-standing partnership with Iovance and believe they are the right partner to take Proleukin forward and ensure continued availability of this important medicine to patients and healthcare professionals," David Bryant, Clinigen Interim CEO.