Bristol-Myers, Cellares ink $380M CAR-T therapies supply deal [Seeking Alpha]
Bristol-Myers Squibb Company (BMY)
Last bristol-myers squibb company earnings: 2/6 07:05 am
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Source: Seeking Alpha
As part of the worldwide capacity reservation and supply deal, Bristol-Myers Squibb ( BMY ) will utilize Cellares' proprietary cell therapy manufacturing platform, Cell Shuttle, for the clinical and commercial-scale manufacturing of select CAR T cell therapies. Cellares will allocate multiple Cell Shuttles and its fully automated, high-throughput Cell Q systems across its smart factories in the U.S., EU and Japan for Bristol-Myers' ( BMY ) use. This agreement strengthens Bristol-Myers' ( BMY ) existing global network of state-of-the-art cell therapy manufacturing facilities and provides increased agility, improved scalability and potential to improve turnaround time to support the company's CAR T inline and pipeline assets. The transaction is valued up to $380M in upfront and milestone payments. Recommended For You Recommended For You More Trending News About BMY Stock Related Stocks Trending Analysis Trending News
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BMY
Earnings
- 4/25/24 - Miss
BMY
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/22/24 - Form DEFA14A
- BMY's page on the SEC website