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BioWorld - Monday, December 29, 2025
Home » Topics » Deals and M&A

Deals and M&A
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Gene editing illustration

Tome buys Replace, gains DNA editing technology

Jan. 3, 2024
By Nuala Moran
Genome editing specialist Tome Biosciences Inc. now has all the bases covered, after arriving on the scene in December with $213 million funding and three weeks later announcing the acquisition of fellow precision editing company, Replace Therapeutics Inc. for up to $185 million.
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Antibody-drug conjugate

Medilink nets second $1B deal, out-licenses ADC to Roche

Jan. 3, 2024
By Marian (YoonJee) Chu
Three months out from its first $1 billion deal with Biontech SE for an antibody-drug conjugate (ADC), Suzhou, China-based Medilink Therapeutics Co. Ltd. clinched another potential $1 billion ADC deal, but this time with Roche Holding AG.
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mRNA on digital background

Remix tunes up for 2024 with potential $1B Roche deal, $60M financing

Jan. 3, 2024
By Jennifer Boggs
With its launch barely three years in the rearview mirror, Remix Therapeutics Inc. has inked its second potential $1 billion pharma collaboration, drawing Roche Holding AG to the table with the promise of its RNA processing platform and the potential to develop small-molecule therapeutics targeting the underlying drivers of disease. At the same time, the Watertown, Mass.-based firm added $60 million in a venture round, bringing its total financing to date to $201 million.
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Cancer

Astrazeneca enters option and license agreement for Allorion’s EGFR L858R allosteric inhibitor

Jan. 3, 2024
Allorion Therapeutics Inc. has entered into an exclusive option and global license agreement with Astrazeneca plc to develop and commercialize a novel epidermal growth factor receptor (EGFR) L858R mutated allosteric inhibitor.
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Celltrion to sell off ex-Takeda ‘Primary Care’ unit

Jan. 2, 2024
By Marian (YoonJee) Chu
Incheon, South Korea-based Celltrion Inc. said on Jan. 2 that it reached an agreement with Asian health care investment firm CBC Group to partially sell off its Primary Care unit by March 2024 for ₩209.9 billion (US$160.7 million). Incheon, South Korea-based Celltrion Inc. said on Jan. 2 that it reached an agreement with Asian health care investment firm CBC Group to partially sell off its Primary Care unit by March 2024 for ₩209.9 billion (US$160.7 million).
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Lianbio out-licenses Asia rights to Janssen for radioenhancer NBTXR-3 for $30M

Jan. 2, 2024
By Tamra Sami
Lianbio Co. Ltd. is out-licensing NBTXR-3 to Janssen Pharmaceutical NV to develop and commercialize the radioenhancer in China, South Korea, Singapore and Thailand. Earlier this month, Tang Capital’s Concentra Biosciences LLC lodged a proposal to acquire Lianbio for $465 million, which the company’s shareholders rejected.
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Handshake with cityscape and businesspeople

ADC deals keep rolling as GSK and Dong-A ST cut new agreements

Jan. 2, 2024
By Marian (YoonJee) Chu and Lee Landenberger
The spate of recent deals involving antibody-drug conjugates (ADC) continues in a field composed of record-breaking agreements in 2023. The newest of the deals were focused on Asia. GSK plc entered a license deal for the exclusive rights for clinical development and commercialization of Hansoh Pharmaceutical Co. Ltd.’s B7-H3-targeted ADC, HS-20093. Also, South Korea’s Dong-A ST Co. Ltd. is expanding into the ADC space by acquiring Abtis Co. Ltd. and its Abclick platform for ADC drug development.
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Legochem inks landmark $1.7B deal with Janssen for ADC drug

Jan. 2, 2024
By Marian (YoonJee) Chu
Legochem Biosciences Inc. signed a $1.7 billion licensing deal with Janssen Biotech Inc. for its Trop2-directed antibody-drug conjugate (ADC), closing the biggest technology transfer deal in Korean biotech history after Chong Kun Dang Pharmaceuticals Corp.
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Antibodies attacking cancer cell

Elpiscience out-licenses preclinical bispecific macrophage engagers to Astellas in deal worth up to $1.7B

Jan. 2, 2024
By Tamra Sami
Elpiscience Biopharma Ltd. is out-licensing to Astellas Pharma Inc. two preclinical bispecific macrophage engagers – ES-019, an anti-PD-L1/SIRPα bispecific antibody, and another unnamed program – in a deal worth up to $1.7 billion. The deal marks the Shanghai-based company’s first out-licensing deal, Elpiscience CEO Darren Ji told BioWorld, noting that Astellas will have global rights to both molecules with a potential to in-license two more.
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Allorion joins a $540M lung cancer deal with Astrazeneca

Jan. 2, 2024
By Lee Landenberger
Allorion Therapeutics Inc. could receive $40 million in up-front and near-term payments from Astrazeneca plc in the companies’ exclusive option and global license deal. The two plan to develop and commercialize an L858R mutated allosteric inhibitor for treating EGFR inhibitor-mutant non-small-cell lung cancer.
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