Pharma Deals Review, Vol 2019, No 9 (2019)

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Celgene Fortifies Immuno-oncology Presence with Immatics Alliance

Michelle Liu

Abstract


Just days after divesting its psoriasis drug Otezla® (apremilast) to Amgen in exchange for US$13.4 B, Celgene has agreed to collaborate with Immatics Biotechnologies to discover and develop T-cell redirecting cancer immunotherapies. The deal, worth up to US$1.6 B, gives Celgene options to up to three adoptive cell therapies that utilise Immatics’ Xpresident® technology, and expands Celgene’s immuno-oncology focus beyond mainly chimeric antigen receptor T-cell based treatments.

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