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BioWorld - Sunday, March 22, 2026
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Home » Big Teneo: Astrazeneca to buy Teneotwo in a deal worth up to $1.27B
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Big Teneo: Astrazeneca to buy Teneotwo in a deal worth up to $1.27B

July 5, 2022
By Lee Landenberger
To build on its hematology pipeline in treating blood cancers, Astrazeneca plc is acquiring Teneotwo Inc. in a deal that could reach $1.27 billion. Teneotwo is part of Ancora Biotech LLC, which has some other affiliate Tens in the stable, including Teneofour Inc. That company is developing TNB-738, an anti-CD38 enzyme inhibitor. Teneoten Inc. is developing an anti-HBV/CD3 therapy. Both are available for partnering or sale, Ben Buelow, Ancora co-founder, told BioWorld. He co-founded the company with this father, Roland.
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