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BioWorld - Tuesday, March 10, 2026
Home » Topics » Deals and M&A

Deals and M&A
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Bridgene nabs Galapagos in a $700M multitarget oncology discovery deal

Jan. 4, 2024
By Brian Orelli
Following up on a 2021 partnership with Takeda Pharmaceutical Co. Ltd., Bridgene Biosciences Inc. has signed up a second international drug company, Galapagos NV, to use its chemoproteomic platform, IMTAC (Isobaric Mass Tagged Affinity Characterization), to discover small-molecule drug candidates.
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siRNA bound to mRNA

Boehringer strikes deals with Ribo, 3T Biosciences with combined $2.5B value

Jan. 4, 2024
By Tamra Sami
Boehringer Ingelheim GmbH’s start to the new year includes two fresh deals across two continents. BI struck one deal with Kunshan, China-based Suzhou Ribo Life Science Co. Ltd. and its Mölndal, Sweden-based subsidiary, Ribocure Pharmaceuticals AB, to develop small interfering RNA (siRNA) treatments for nonalcoholic or metabolic dysfunction-associated steatohepatitis. It struck a second deal with San Francisco-based 3T Biosciences Inc. to develop cancer immunotherapies, which builds on an earlier collaboration formed last year. Combined, the two deals are worth more than $2.5 billion.
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Better CAR T therapies the focus of $1.44B Umoja, Abbvie deal

Jan. 4, 2024
By Randy Osborne
Umoja Biopharma Inc.’s gene delivery platform that combines a third-generation lentiviral vector gene approach with a novel T-cell targeting and activation surface complex brought Abbvie Inc. to the table for a pair of deals that could be worth as much as $1.44 billion.
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Deal handshake with coin, chart background

Moma joins new Roche collaborators with a $2B+ deal

Jan. 4, 2024
By Lee Landenberger
The digital ink is barely dry from Jan. 3’s $1 billion ADC deal with Medilink Therapeutics Co. Ltd. and another $1 billion agreement, this one with Remix Therapeutics Inc., but Roche Holding AG is writing another big check. The newest addition to its billion-dollar collaboration spree is with privately held Moma Therapeutics Inc.
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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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