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Memo Therapeutics

Full company profile

uuid0000e41

Namestring
Memo Therapeutics
Legal namestring
Memo Therapeutics AG
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Memo Therapeutics AG is a privately held Swiss biotechnology company headquartered in Schlieren (Zurich), founded in 2014 by Christoph Esslinger. The company develops therapeutic antibodies derived from natural immune responses in elite responders to viral infections and cancer, using its proprietary DROPZYLLA® platform — a microfluidic single-cell engine that copies antibody genetic information from human B cells into immortal cell lines, achieving greater than 80% immune repertoire coverage compared to under 1% for conventional approaches.

Its lead asset, potravitug, is a highly potent human BK polyomavirus (BKPyV)-neutralizing monoclonal antibody in Phase II/III development for treatment of BKPyV infection in kidney transplant recipients, a population of approximately 20% of transplant patients within one year and up to 50% over the lifetime of the transplanted kidney, with no approved disease-modifying therapy. Potravitug has received FDA Fast Track designation (May 2023) and EU Orphan Drug Designation (December 2025). The Phase II SAFE KIDNEY II trial enrolled 95 patients across 22 U.S. sites, with complete data presented at the American Transplant Congress in June 2026 and pivotal Phase III initiation planned for 2026.

The company operates a secondary oncology program mining tumor-infiltrating B-cell repertoires from elite cancer responders, with a discovery collaboration with Ono Pharmaceutical, and a recombinant polyclonal IgG platform partnered with CSL in a deal announced February 2026 with up to CHF 265 million in potential milestones plus single-digit royalties. Memo Therapeutics is pre-commercial, generating no product revenue; its income is limited to R&D funding, technology access fees, and contingent milestone payments from partners. Capital is sourced from a venture-backed investor base including Pureos Bioventures, Ysios Capital, Kurma Partners, Swisscanto, Vesalius Biocapital, and Adjuvant Capital, with cumulative Series C funding of approximately CHF 46 million and a leadership team being deliberately expanded with senior commercial and clinical operations executives ahead of Phase III readiness.

Short descriptiontext

Memo Therapeutics AG is a Swiss biotech developing therapeutic antibodies from elite human immune responders using its proprietary DROPZYLLA® single-cell platform, with lead asset potravitug in Phase II/III for BK polyomavirus infection in kidney transplant recipients and additional programs in oncology and recombinant polyclonal IgG.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSchlieren, Switzerland
HQ citystring
Schlieren
HQ countrystring
Switzerland
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
therapeutic antibody discovery, monoclonal antibody development, immune repertoire analysis, BKPyV antiviral therapeutics, immuno-oncology antibodies
Industry1 code
1Antibody Discovery & Engineering Platforms (display tech, bispecifics, Fc engineering)
CodeHLAAAIABPrimaryYes
NAICS code2 codes
  • Research and Development in Biotechnology (except Nanobiotechnology)541714
  • Biological Product (except Diagnostic) Manufacturing325414
SIC code2 codes
  • Biological Products, (No Disgnostic Substances)2836
  • Pharmaceutical Preparations2834
Product category
Therapeutic Antibodies
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Pharmaceutical Product Sales
TypeOne Time License
Description

Revenue from commercialization of therapeutic antibody products upon regulatory approval. Lead product potravitug targets BKPyV infection in kidney transplant recipients with market potential of up to $2 billion annually.

memo-therapeutics.com
2Licensing and Milestone Payments
TypeLicensing Royalties
Description

Collaboration with CSL includes R&D funding, technology access fees, and development/sales milestones up to CHF 265 million (USD 328 million) plus single-digit royalties assuming option exercise.

memo-therapeutics.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain, Others
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Memo Therapeutics AG develops best-in-class therapeutic antibodies derived from natural immunity in elite responders to viral infections and cancer. The lead program is potravitug, a BK polyomavirus-neutralizing monoclonal antibody for treating BKPyV infection in kidney transplant recipients (Phase II/III). The company also operates an oncology program mining tumor-infiltrating B-cell repertoires, a Recombinant Polyclonal IgG Technology platform, and previously developed MTX-COVAB for COVID-19. Underpinning the portfolio is the proprietary DROPZYLLA® microfluidic single-cell antibody discovery platform.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Memo Therapeutics AG is a late-stage biotech company developing best-in-class therapeutic antibodies based on natural immunity in elite responders to treat viral infections and cancer. The company's lead product is potravitug, a BK polyomavirus-neutralizing monoclonal antibody for kidney transplant recipients, currently in Phase II/III development. Underpinning the portfolio is the proprietary DROPZYLLA® technology platform, a high-throughput microfluidic single-cell antibody discovery system. The company also operates an oncology program developing antibodies from tumor-infiltrating B-cells, a recombinant polyclonal IgG technology platform, and previously developed MTX-COVAB for COVID-19. The company has partnerships with CSL for recombinant polyclonal IgG development and Ono Pharmaceutical for oncology antibody discovery.

Product and service3 records
1Potravitug (AntiBKV)
CategoryTherapeutic Antibody (Antiviral)
Description

A highly potent human BK polyomavirus (BKPyV)-neutralizing monoclonal antibody that binds to the VP1 capsid protein and blocks viral attachment to target cells. Developed for treating BKPyV infection in adult kidney transplant recipients, where it has demonstrated sustained reduction in viral load and biopsy-proven resolution of BKPyV-associated nephropathy. In Phase II/III development with FDA Fast Track and EU Orphan Drug designations.

2DROPZYLLA® Antibody Discovery Platform
CategoryAntibody Discovery Technology Platform
Description

Proprietary microfluidic-based single-cell antibody repertoire copying engine that extracts antibody genetic information from B cells and copies it into robust immortal cells for screening. Creates near-complete human antibody repertoires (greater than 80% coverage versus less than 1% for conventional approaches) and enables iterative high-throughput functional screening of recombinant antibody libraries for viral infections and cancer. Licensed for partnership use, including under the CSL collaboration.

3Oncology Program (Tumor-Infiltrating B-cell Antibody Discovery)
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeOEM/ Whitelabel/ Licensing PartnerAnnounced on2026-02-09
Description

Strategic collaboration and exclusive option-to-license agreement for development of recombinant polyclonal IgG technology using proprietary DROPZYLLA® platform. MTx will develop recombinant polyclonal IgG products receiving R&D funding, technology access fees, and assuming option exercise, milestones and license fees totalling up to CHF 265 million (USD 328 million) plus single-digit royalties. Collaboration combines CSL's global leadership in immunoglobulins with MTx's recombinant polyclonal technology.

Strategic tierSecondaryTypeStrategic or Co-development Partner
Description

Collaboration to use DROPZYLLA® technology to discover antibodies for immuno-oncology targets. Pharma partners value MTx's ability to move projects quickly and get results fast, with ability to see project development in real time.

Strategic tierSupportingTypeImplementation/ SI/ Consulting Partner
Description

Based in Hannover, Germany, responsible for translational project management and clinical trial oversight.

Strategic tierSupportingTypeImplementation/ SI/ Consulting Partner
Description

Based in Melbourne, Australia, responsible for clinical trial management.

Strategic tierSupportingTypeImplementation/ SI/ Consulting Partner
Description

Headquartered in Lund, Sweden with subsidiaries in Europe and North America. Responsible for clinical trial management.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Research partnership for qualitative study on impact of BK polyomavirus on health-related quality of life in kidney transplant recipients. Published in Journal of Patient-Reported Outcomes.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors18 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Memo Therapeutics

Therapeutic Antibodiesmemo-therapeutics.com

Memo Therapeutics AG is a Swiss biotech developing therapeutic antibodies from elite human immune responders using its proprietary DROPZYLLA® single-cell platform, with lead asset potravitug in Phase II/III for BK polyomavirus infection in kidney transplant recipients and additional programs in oncology and recombinant polyclonal IgG.

What Memo Therapeutics does

Memo Therapeutics AG is a privately held Swiss biotechnology company headquartered in Schlieren (Zurich), founded in 2014 by Christoph Esslinger. The company develops therapeutic antibodies derived from natural immune responses in elite responders to viral infections and cancer, using its proprietary DROPZYLLA® platform — a microfluidic single-cell engine that copies antibody genetic information from human B cells into immortal cell lines, achieving greater than 80% immune repertoire coverage compared to under 1% for conventional approaches.

Its lead asset, potravitug, is a highly potent human BK polyomavirus (BKPyV)-neutralizing monoclonal antibody in Phase II/III development for treatment of BKPyV infection in kidney transplant recipients, a population of approximately 20% of transplant patients within one year and up to 50% over the lifetime of the transplanted kidney, with no approved disease-modifying therapy. Potravitug has received FDA Fast Track designation (May 2023) and EU Orphan Drug Designation (December 2025). The Phase II SAFE KIDNEY II trial enrolled 95 patients across 22 U.S. sites, with complete data presented at the American Transplant Congress in June 2026 and pivotal Phase III initiation planned for 2026.

The company operates a secondary oncology program mining tumor-infiltrating B-cell repertoires from elite cancer responders, with a discovery collaboration with Ono Pharmaceutical, and a recombinant polyclonal IgG platform partnered with CSL in a deal announced February 2026 with up to CHF 265 million in potential milestones plus single-digit royalties. Memo Therapeutics is pre-commercial, generating no product revenue; its income is limited to R&D funding, technology access fees, and contingent milestone payments from partners. Capital is sourced from a venture-backed investor base including Pureos Bioventures, Ysios Capital, Kurma Partners, Swisscanto, Vesalius Biocapital, and Adjuvant Capital, with cumulative Series C funding of approximately CHF 46 million and a leadership team being deliberately expanded with senior commercial and clinical operations executives ahead of Phase III readiness.

Memo Therapeutics firmographics

Firmographics
Name
Memo Therapeutics
Legal name
Memo Therapeutics AG
Website
https://memo-therapeutics.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
11–50 employees
Short description
Memo Therapeutics AG is a Swiss biotech developing therapeutic antibodies from elite human immune responders using its proprietary DROPZYLLA® single-cell platform, with lead asset potravitug in Phase II/III for BK polyomavirus infection in kidney transplant recipients and additional programs in oncology and recombinant polyclonal IgG.
Ownership category
akta.pro rank

Memo Therapeutics industry classification

Industry
Product category
Therapeutic Antibodies
NAICS
Research and Development in Biotechnology (except Nanobiotechnology) (541714), Biological Product (except Diagnostic) Manufacturing (325414)
SIC
Biological Products, (No Disgnostic Substances) (2836), Pharmaceutical Preparations (2834)
akta.pro primary industry
Antibody Discovery & Engineering Platforms (display tech, bispecifics, Fc engineering) (HLAAAIAB)

Keywords

  • Therapeutic antibody discovery
  • Monoclonal antibody development
  • Immune repertoire analysis
  • BKPyV antiviral therapeutics
  • Immuno-oncology antibodies

Where Memo Therapeutics is headquartered

Location

Headquarters

HQ city
Schlieren
HQ country
Switzerland
HQ region
Europe

Offices2 records

Markets served

Memo Therapeutics business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain, Others

Revenue model

  1. Pharmaceutical Product Sales: Revenue from commercialization of therapeutic antibody products upon regulatory approval. Lead product potravitug targets BKPyV infection in kidney transplant recipients with market potential of up to $2 billion annually.
  2. Licensing and Milestone Payments: Collaboration with CSL includes R&D funding, technology access fees, and development/sales milestones up to CHF 265 million (USD 328 million) plus single-digit royalties assuming option exercise.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Memo Therapeutics product offering

Product offering

Core offering

Memo Therapeutics AG develops best-in-class therapeutic antibodies derived from natural immunity in elite responders to viral infections and cancer. The lead program is potravitug, a BK polyomavirus-neutralizing monoclonal antibody for treating BKPyV infection in kidney transplant recipients (Phase II/III). The company also operates an oncology program mining tumor-infiltrating B-cell repertoires, a Recombinant Polyclonal IgG Technology platform, and previously developed MTX-COVAB for COVID-19. Underpinning the portfolio is the proprietary DROPZYLLA® microfluidic single-cell antibody discovery platform.

Product overview

Memo Therapeutics AG is a late-stage biotech company developing best-in-class therapeutic antibodies based on natural immunity in elite responders to treat viral infections and cancer. The company's lead product is potravitug, a BK polyomavirus-neutralizing monoclonal antibody for kidney transplant recipients, currently in Phase II/III development. Underpinning the portfolio is the proprietary DROPZYLLA® technology platform, a high-throughput microfluidic single-cell antibody discovery system. The company also operates an oncology program developing antibodies from tumor-infiltrating B-cells, a recombinant polyclonal IgG technology platform, and previously developed MTX-COVAB for COVID-19. The company has partnerships with CSL for recombinant polyclonal IgG development and Ono Pharmaceutical for oncology antibody discovery.

Differentiator

Problem solved

Functional benefit

Products and services

  • Potravitug (AntiBKV) A highly potent human BK polyomavirus (BKPyV)-neutralizing monoclonal antibody that binds to the VP1 capsid protein and blocks viral attachment to target cells. Developed for treating BKPyV infection in adult kidney transplant recipients, where it has demonstrated sustained reduction in viral load and biopsy-proven resolution of BKPyV-associated nephropathy. In Phase II/III development with FDA Fast Track and EU Orphan Drug designations.
  • DROPZYLLA® Antibody Discovery Platform Proprietary microfluidic-based single-cell antibody repertoire copying engine that extracts antibody genetic information from B cells and copies it into robust immortal cells for screening. Creates near-complete human antibody repertoires (greater than 80% coverage versus less than 1% for conventional approaches) and enables iterative high-throughput functional screening of recombinant antibody libraries for viral infections and cancer. Licensed for partnership use, including under the CSL collaboration.
  • Oncology Program (Tumor-Infiltrating B-cell Antibody Discovery)

Companies that use Memo Therapeutics

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Memo Therapeutics technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Memo Therapeutics partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core, secondary and supporting.

  • CSLcoreOEM/ Whitelabel/ Licensing Partner · 9 February 2026Strategic collaboration and exclusive option-to-license agreement for development of recombinant polyclonal IgG technology using proprietary DROPZYLLA® platform. MTx will develop recombinant polyclonal IgG products receiving R&D funding, technology access fees, and assuming option exercise, milestones and license fees totalling up to CHF 265 million (USD 328 million) plus single-digit royalties. Collaboration combines CSL's global leadership in immunoglobulins with MTx's recombinant polyclonal technology.
  • Ono PharmaceuticalsecondaryStrategic or Co-development PartnerCollaboration to use DROPZYLLA® technology to discover antibodies for immuno-oncology targets. Pharma partners value MTx's ability to move projects quickly and get results fast, with ability to see project development in real time.
  • Vakzine Project Management GmbH (VPM)supportingImplementation/ SI/ Consulting PartnerBased in Hannover, Germany, responsible for translational project management and clinical trial oversight.
  • Accelagen Pty LtdsupportingImplementation/ SI/ Consulting PartnerBased in Melbourne, Australia, responsible for clinical trial management.
  • TFS HealthSciencesupportingImplementation/ SI/ Consulting PartnerHeadquartered in Lund, Sweden with subsidiaries in Europe and North America. Responsible for clinical trial management.
  • Northwestern UniversitysupportingStrategic or Co-development PartnerResearch partnership for qualitative study on impact of BK polyomavirus on health-related quality of life in kidney transplant recipients. Published in Journal of Patient-Reported Outcomes.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Memo Therapeutics competitors and assessment

Company assessment

Market position

Strengths4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Memo Therapeutics social profiles

Digital presence

Memo Therapeutics compliance and trust

Trust signal

Compliance2 records

Memo Therapeutics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Memo Therapeutics leadership team

Management profile

Number of profiles

Profiles10 records

Memo Therapeutics subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Memo Therapeutics funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors18 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Memo Therapeutics M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Memo Therapeutics

What does Memo Therapeutics do?

Memo Therapeutics AG develops best-in-class therapeutic antibodies derived from natural immunity in elite responders to viral infections and cancer. The lead program is potravitug, a BK polyomavirus-neutralizing monoclonal antibody for treating BKPyV infection in kidney transplant recipients (Phase II/III). The company also operates an oncology program mining tumor-infiltrating B-cell repertoires, a Recombinant Polyclonal IgG Technology platform, and previously developed MTX-COVAB for COVID-19. Underpinning the portfolio is the proprietary DROPZYLLA® microfluidic single-cell antibody discovery platform.

Is Memo Therapeutics a public or private company?

Memo Therapeutics is a private company. It is classified as venture growth investor backed and is currently operating.

When was Memo Therapeutics founded?

Memo Therapeutics was founded in 2014. It employs 11 to 50 people.

Where is Memo Therapeutics based?

Memo Therapeutics is headquartered in Schlieren, Switzerland, in the Europe region.

How does Memo Therapeutics make money?

Two revenue lines are on record. Pharmaceutical Product Sales are the primary driver. The others are licensing and Milestone Payments.

Does Memo Therapeutics have an API?

No public API is recorded for Memo Therapeutics.

What industry is Memo Therapeutics in?

Memo Therapeutics's product category is Therapeutic Antibodies. Its primary akta.pro industry code is HLAAAIAB, Antibody Discovery & Engineering Platforms (display tech, bispecifics, Fc engineering). Its NAICS code is 541714 and its SIC code is 2836.

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Live signals
BioSpaceIpsen delivers excellent H1 2026 results and upgrades its full-year guidanceIpsen reported H1 2026 sales growth of 23.5% at constant exchange rates, with core operating income of €845m and a core operating margin of 38.6%. The company upgraded its full-year 2026 guidance, projecting total sales growth above 20% and a core operating margin above 37%.Investing.comIpsen completes acquisition of Memo Therapeutics By Investing.comIpsen announced on July 22, 2026, that it has completed the acquisition of Memo Therapeutics AG, a late-stage biotech company focused on potravitug, an anti-BK polyomavirus monoclonal antibody targeting reactivation in kidney transplant recipients. The treatment demonstrated anti-viral response and resolution of BK polyomavirus-associated nephropathy in the Phase II SAFE KIDNEY II trial, with approximately 90% of kidney transplant recipients testing positive for the virus and 30% experiencing high virus levels within the first year post-transplant. The financial terms of the acquisition were not disclosed, and there are currently no approved targeted therapies for BK polyomavirus reactivation.Financial PostIpsen completes acquisition of Memo Therapeutics AG, adding first-in-class asset to Ipsen's Rare Disease pipelineIpsen has completed its acquisition of Memo Therapeutics AG, a late-stage biotech company focused on potravitug, an anti-BK polyomavirus monoclonal antibody. Potravitug demonstrated promising results in Phase II clinical trials for treating BK polyomavirus reactivation in kidney transplant recipients, a condition affecting approximately 30% of patients within the first year post-transplant with no approved targeted therapies currently available. The acquisition adds a first-in-class asset to Ipsen's Rare Disease pipeline, expanding the company's portfolio in rare disease therapeutics.FinancialContent Business PageIpsen completes acquisition of Memo Therapeutics AG, adding first-in-class asset to Ipsen's Rare Disease pipelineIpsen announced on July 22, 2026, that it has completed the acquisition of Swiss biotech company Memo Therapeutics AG, adding the late-stage asset potravitug to its Rare Disease pipeline. Potravitug is a first-in-class monoclonal antibody targeting BK polyomavirus reactivation in kidney transplant recipients, with promising Phase II SAFE KIDNEY II trial results demonstrating significant anti-viral response and resolution of BKPyV-associated nephropathy. The acquisition strengthens Ipsen's pipeline in an area with no currently approved targeted therapies, as over 100,000 kidney transplants are performed annually worldwide.GlobeNewswireIpsen completes acquisition of Memo Therapeutics AG, adding first-in-class asset to Ipsen's Rare Disease pipelineIpsen has completed the acquisition of Memo Therapeutics AG, a late-stage biotech company focused on potravitug, an anti-BK polyomavirus monoclonal antibody. The asset is a first-in-class candidate targeting BKPyV reactivation in kidney transplant recipients, with promising Phase II SAFE KIDNEY II trial results. Currently, there are no approved targeted therapies for BK polyomavirus, which reactivation affects approximately 30% of kidney transplant recipients within the first year after transplant.GlobeNewswireIpsen finalise l'acquisition de Memo Therapeutics AG, ajoutant un actif premier de sa classe au portefeuille de maladies rares d'IpsenIpsen has completed the acquisition of Memo Therapeutics AG, a late-stage Swiss biotech company developing potravitug, a first-in-class monoclonal antibody targeting BK polyomavirus reactivation in kidney transplant recipients. Potravitug demonstrated significant antiviral response and resolution of BK polyomavirus-associated nephropathy in Phase II trials, addressing an unmet medical need with no currently approved targeted therapies. The acquisition strengthens Ipsen's rare diseases portfolio with a differentiated clinical asset targeting a condition affecting approximately 30% of kidney transplant patients in their first post-transplant year.The Canadian Press NewsIpsen completes acquisition of Memo Therapeutics AG, adding first-in-class asset to Ipsen's Rare Disease pipelineIpsen completed its acquisition of Memo Therapeutics AG, adding potravitug, a first-in-class anti-BK polyomavirus monoclonal antibody, to its rare disease pipeline. The drug showed significant anti-viral response and resolution of BKPyV-associated nephropathy in the Phase II SAFE KIDNEY II trial, the largest placebo-controlled study in this population.IpsenIpsen completes acquisition of Memo Therapeutics AG, adding first-in-class asset to Ipsen's Rare Disease pipelineIpsen completed its acquisition of Memo Therapeutics AG, adding potravitug, a first-in-class anti-BK polyomavirus monoclonal antibody, to its Rare Disease pipeline. The drug showed significant anti-viral response and resolution of BKPyV-associated nephropathy in the Phase II SAFE KIDNEY II trial, the largest placebo-controlled study in this population.BioSpaceIpsen completes acquisition of Memo Therapeutics AG, adding first-in-class asset to Ipsen’s Rare Disease pipelineIpsen completed its acquisition of Memo Therapeutics AG, adding potravitug, a first-in-class anti-BK polyomavirus monoclonal antibody, to its rare disease pipeline. The drug showed promising results in the Phase II SAFE KIDNEY II trial, the largest placebo-controlled study in kidney transplant recipients. No approved targeted therapies for BK polyomavirus exist.Seeking AlphaHere's Why Ipsen S.A. Just Paid €700M For Memo Therapeutics AG (OTCMKTS:IPSEY)Ipsen S.A. acquired Memo Therapeutics AG for €700 million, adding potravitug, a late-stage first-in-class asset targeting BKPyVAN, to its rare disease portfolio with projected peak sales of $500M–$1B. The transaction follows Ipsen's strong 1Q26 performance, reporting 22.6% constant exchange rate revenue growth and 125% CER growth in rare disease revenues, driven by Iqirvo and Bylvay launches. The acquisition supports Ipsen's strategic shift toward rare disease as a core growth pillar while addressing legacy portfolio concentration risk.