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New Deal


Announced

Completed

Selecta Biosciences completed the merger with Cartesian Therapeutics.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biotechnology company

Acquisition

Private

United States

Domestic

Majority

Completed

Biotechnology

Friendly

Single Bidder

Synopsis

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Selecta Biosciences, a clinical stage biotechnology company, completed the merger with Cartesian Therapeutics, a fully integrated, clinical-stage biopharmaceutical company. Financial terms were not disclosed. “RNA cell therapy has the potential to overcome the challenges of using conventional, costly DNA-engineered cell therapies to treat autoimmune diseases, including their toxicity and the need for preconditioning chemotherapy. With a shared vision of bringing meaningful therapeutic options to patients with autoimmune diseases, we are confident that our novel approach can thrive under Carsten’s leadership,” Murat Kalayoglu, Cartesian Therapeutics Co-Founder and former CEO.

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