Neon Therapeutics worked on cancer treatments that point the immune system at neoantigens, the changed proteins found only on a person's cancer cells. BioNTech bought it in 2020 and it became BioNTech's US base.
Neon Therapeutics was an immuno-oncology company developing neoantigen-targeted therapies that direct the immune system towards neoantigens (Third Rock Ventures). BioNTech closed its all-stock acquisition of Neon (Nasdaq: NTGN) on 6 May 2020, after announcing the agreement on 16 January 2020. The Cambridge, Massachusetts subsidiary was to operate as BioNTech US Inc. and serve as BioNTech's US headquarters.
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