Celgene buying T-cell tech partner Juno for $9bn

By Dan Stanton

- Last updated on GMT


Related tags: T cell receptor

Celgene will add chimeric antigen receptor (CAR) and T-cell receptor (TCR) technologies through the acquisition of its immune-oncology partner Juno Therapeutics.

Celgene confirmed speculation it was buying Juno yesterday by announcing the two firms had come to an agreement to merge.

New Jersey-based Celgene will pay around $9bn (€7.4bn) for the firm, net of the nine million Juno shares it already owns in the company, valued at approximately $800m.

The firms have been working together since July 2015​ when they entered into a 10-year immunotherapy partnership, valued at around $1bn.

Full ownership will place Celgene “at the forefront of future advances in the science of cellular immunotherapy,”​ the company said.

Along with autologous CAR T-cell pipeline boosts in the way of early-phase candidates JCAR017 for non-Hodgkin lymphoma (NHL) and JCARH125 for multiple myeloma, Celgene will add Juno’s scientific platform and scalable manufacturing technologies to its cell therapy capabilities.

This includes cell selection and activation capabilities, and manufacturing automation technologies Juno picked up from German biotech Stage Cell Therapeutics GmbH ​in 2015.

Related news

Show more

Related products

show more

Small-Scale Cell Culture Perfusion Process

Small-Scale Cell Culture Perfusion Process

Eppendorf for Bioprocess – Solutions that grow with you | 29-Mar-2019 | Application Note

Perfusion cell culture processes promise advantages for industrial bioprocessing, like saving space, increasing volumetric productivity, achieving more...

Cultivation of 3D Cell Aggregates in Perfusion

Cultivation of 3D Cell Aggregates in Perfusion

Eppendorf for Bioprocess – Solutions that grow with you | 17-Sep-2018 | Application Note

3D cell aggregates are of great interest for applications like disease modeling and manufacturing of stem cell-based products. Read more about the cultivation...

Nifty Biosimilar

Nifty Biosimilar

UGA Biopharma | 13-Mar-2018 | Research Study

Aflibercept (Zaltrap®) is a recombinant fusion protein with complex post-translational modifications. Therefore deep understanding of biosimilar development...

Related suppliers

Follow us


View more