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Gilead Acquisition Of Cell Design: The Next Logical Step

 
• By Joseph Haas

Already partnered with Kite to apply two technology platforms to CAR-T candidates, Cell Design adds to Gilead's immuno-oncology expertise. Analysts expect more add-ons for Gilead's increasing IO focus.

Handshake of businessmen

Gilead Sciences Inc.'s acquisition of privately held Cell Design Labs Inc. seemed almost preordained following its $11.9bn buyout of CAR-T specialist Kite Pharma Inc. back in October, and market analysts expect the deep-pocketed specialty firm to continue making bolt-on deals to advance its expertise and capabilities in immuno-oncology.

Gilead announced a structured buyout valued at approximately $567m for the Emeryville, Calif.-based Cell Design on Dec. 7, bringing in its synNOTCH gene expression and THROTTLE switch technology platforms

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