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Cellectis Soars On Transformative Tie-Up With AstraZeneca

 
• By Kevin Grogan

The French biotech’s money concerns are over after a lucrative gene editing deal with AstraZeneca brings in an initial cash commitment of $245m and the possibility of many millions more.

Andre Choulika
André Choulika • Source: Cellectis

Cellectis SA has pulled off a major coup by linking up with AstraZeneca PLC for a gene editing and manufacturing pact that could potentially be worth multi-millions of dollars, with the UK giant taking a sizeable stake in the French biotech.

Key Takeaways
  • AstraZeneca is making a major stride into the cell and gene therapy space
  • Cellectis will get $105m before year-end in cash and an equity investment
    • ...

As part of the agreement, which will cover oncology, immunology and rare diseases, 25 genetic targets have been exclusively reserved for AstraZeneca, from which up to 10 candidates could be...

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