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Celgene and Juno partner in CART/TCR deal worth $1bn up front
Jul 2015
Executive Summary
Celgene Corp. and Juno Therapeutics Inc. entered into a major ten-year alliance that sees both partners benefiting from the other’s immunotherapeutics expertise, with an initial focus on T-cell receptor (TCR)- and chimeric antigen receptor T-cell (CART)-based treatments for cancer and autoimmune diseases.
Deal Industry
-
Biotechnology
- Gene Therapy, Cell Therapy
-
Pharmaceuticals
- Vaccines
Deal Status
- Final
Deal Type
-
Alliance
- Intra-Biotech Deal
- Co-Promotion
- Includes Equity
- Includes Royalty or Profit Split Information
- Product or Technology Swap
- R+D and Marketing-Licensing
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Celgene and Juno partner in CART/TCR deal worth $1bn up front
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