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BioWorld - Saturday, January 24, 2026
Home » Topics » Deals and M&A

Deals and M&A
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US FTC taps Covington’s Liu for director of Bureau of Competition

Aug. 23, 2023
By Mark McCarty
The U.S. Federal Trade Commission has picked Henry Liu of the law firm of Covington & Burling to run the agency’s Bureau of Competition, a seat that was vacated earlier this year when Holly Vedova retired.
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Deal illustration

Imugene in-licenses Precision Bioscience’s allogeneic CD19 CAR T in $227M deal

Aug. 22, 2023
By Tamra Sami
Immuno-oncology company Imugene Ltd. has acquired a worldwide exclusive license to Precision Biosciences Inc.’s allogeneic CD19 CAR T-cell therapy program in a deal worth more than $227 million. The off-the-shelf CD19 CAR T-cell therapy, azercabtagene zapreleucel (azer-cel), could potentially be the first allogeneic CAR T to be approved, Imugene CEO Leslie Chong told BioWorld.
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Celltrion building and skyline

Celltrion, Celltrion Healthcare merger kicks off, rolling three-into-one ‘big pharma’

Aug. 22, 2023
By Marian (YoonJee) Chu
South Korea’s Celltrion Inc. is rolling out a tweaked plan to merge its three affiliates – electing for a two-way merger followed by consolidation with the final branch – in its latest efforts to rise through the ranks and emerge as a “true” big pharma.
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Man with respiratory issues

Hengrui inks $1B out-licensing deal for asthma drug with One Bio

Aug. 22, 2023
By Marian (YoonJee) Chu
With a U.S. biotech identified as One Bio, Jiangsu Hengrui Pharmaceutical Co. Ltd. has inked an out-licensing deal potentially worth $1.05 billion for its asthma and chronic sinusitis-targeting drug, SHR-1905. The latest deal gives One Bio exclusive rights to develop, produce and commercialize SHR-1905 worldwide, excluding the greater China territory.
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Tandem Control-IQ system

Tandem Diabetes secures French reimbursement for semi-closed loop system

Aug. 22, 2023
By Bernard Banga
Tandem Diabetes Care Inc. obtained reimbursement in France for its Control-IQ technology, an advanced hybrid closed loop system for patients with type 1 diabetes that uses an algorithm to automatically adjust insulin in response to predicted glucose levels.
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Celltrion building and skyline

Celltrion, Celltrion Healthcare merger kicks off, rolling three-into-one ‘big pharma’

Aug. 18, 2023
By Marian (YoonJee) Chu
South Korea’s Celltrion Inc. is rolling out a tweaked plan to merge its three affiliates – electing for a two-way merger followed by consolidation with the final branch – in its latest efforts to rise through the ranks and emerge as a “true” big pharma.
Read More
Man with respiratory issues

Hengrui inks $1B out-licensing deal for asthma drug with One Bio

Aug. 17, 2023
By Marian (YoonJee) Chu
With a U.S. biotech identified as One Bio, Jiangsu Hengrui Pharmaceutical Co. Ltd. has inked an out-licensing deal potentially worth $1.05 billion for its asthma and chronic sinusitis-targeting drug, SHR-1905. The latest deal gives One Bio exclusive rights to develop, produce and commercialize SHR-1905 worldwide, excluding the greater China territory.
Read More
Deal illustration

Imugene in-licenses Precision Bioscience’s allogeneic CD19 CAR T in $227M deal

Aug. 16, 2023
By Tamra Sami
Immuno-oncology company Imugene Ltd. has acquired a worldwide exclusive license to Precision Biosciences Inc.’s allogeneic CD19 CAR T-cell therapy program in a deal worth more than $227 million. The off-the-shelf CD19 CAR T-cell therapy, azercabtagene zapreleucel (azer-cel), could potentially be the first allogeneic CAR T to be approved, Imugene CEO Leslie Chong told BioWorld.
Read More
Handshake with DNA, molecules
Immuno-oncology

Cytomed signs MOU to leverage CNK's Piggybac technology to permanently graft CARs into γδ T cells

Aug. 16, 2023
Cytomed Therapeutics Ltd. has signed a memorandum of understanding (MOU) with Hangzhou CNK Therapeutics Co. Ltd. allowing Cytomed to utilize CNK's Piggybac technology to permanently graft the chimeric antigen receptor (CAR) gene into its γδ T cells via a non-viral gene editing method.
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Concept of business partnership
Biopharma deals July 2023

First seven months of 2023 sees $105.4B in biopharma deals and $37.6B in M&As

Aug. 15, 2023
By Amanda Lanier
The June dip in biopharma deal value was short-lived, with July seeing 106 deals worth $17.57 billion, up 72.03% from $10.22 billion in July 2022.
Read More
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