Celgene Oncology Strategy: Seizing The Immuno-Hematology Opportunity

In back-to-back deals with AstraZeneca and Juno, Celgene has fronted nearly $1.5 billion to become a serious contender in the field of cancer immunotherapy, and is looking to lead in blood cancers.

Known for its creative partnering savvy, Celgene Corp. has transformed itself into a serious contender in immuno-oncology through two key partnerships, spending nearly $1.5 billion upfront across the two deals – a staggering amount of money that reflects the high value of cancer immunotherapy today.

The first deal was with AstraZeneca PLC’s Medimmune unit on a mid-stage immune checkpoint inhibitor [See Deal] and the most recent with Juno Therapeutics Inc

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