Bellicum Completes Sale of Houston Facility
Bellicum Pharmaceuticals, Inc. (BLCM)
Last bellicum pharmaceuticals, inc. earnings: 3/12 04:05 pm
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Source: GlobeNewswire
Purchase price of $15 million from sale of manufacturing, office and laboratory facility Current and future GoCAR™ product candidates to be manufactured by MD Anderson HOUSTON, April 15, 2020 (GLOBE NEWSWIRE) -- Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM), a leader in developing novel, controllable cellular immunotherapies for cancers, today announced closing of the sale of its Houston facility to The University of Texas MD Anderson Cancer Center at a purchase price of $15 million. “We are pleased with the closing of the transaction as the preferred supply agreement provides Bellicum access to cell therapy product supply while reducing our operating expenses,” said Rick Fair, President and Chief Executive Officer of Bellicum. About Sale of the Houston Facility In January 2020, Bellicum entered into an asset purchase agreement under which MD Anderson would acquire Bellicum’s approximately 60,000-square-foot Houston facility, including manufacturing, office and laboratory space
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