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Novartis invests in, collaborates with Cellular Biomedicine on CAR-T cancer immunotherapies

Executive Summary

Cellular Biomedicine Group Inc. (CBMG) will manufacture and supply Novartis AG's chimeric antigen receptor T-cell (CAR-T) therapy Kymriah (tisagenlecleucel) in China. Novartis also invests in the company and gets a worldwide license to CBMG's own CAR-T technology.

Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Immuno-Oncology
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Contract
    • Includes Equity
    • Includes Royalty or Profit Split Information
    • Reverse Licensing

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