Announced
Completed
Financials
Tags
biotechnology company
Acquisition
Private
United States
Domestic
Majority
Completed
Biotechnology
Friendly
Single Bidder
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.