Press Release

Angion and Elicio Therapeutics Enter Into Definitive Merger Agreement

January 19, 2023

Boston – January 19, 2023 – Cooley advised Angion, a clinical-stage biopharmaceutical company, on its definitive merger agreement with Elicio Therapeutics. Lawyers Kenneth Guernsey and Matthew Silverman led the Cooley team counseling Angion.

Elicio will merge with a wholly owned subsidiary of Angion in an all-stock transaction. The combined company will continue under the Elicio Therapeutics name and will focus on advancing Elicio’s proprietary lymph node-targeting amphiphile technology to develop immunotherapies, with a focus on ELI-002, a therapeutic cancer vaccine targeting mKRAS-driven tumors.

Angion has focused on the discovery, development and commercialization of novel small-molecule therapeutics to address fibrotic diseases.

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