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Bristol Myers Squibb to Acquire 2seventy bio for $286M in Abecma Partnership

Mar 11, 2025over 1 year ago

Contract Type

partnership

CambridgeBiotechnologyHealth CareScience And Engineering

Description

Bristol Myers Squibb (BMS) has announced an agreement to acquire 2seventy bio for approximately $286 million, in a move to solidify their partnership in the development and commercialization of the blockbuster multiple myeloma drug Abecma.

Company Information

Company

2seventy bio

Location

60 BINNEY STREET

Cambridge, Maryland, United States

About

Our name, 2seventy bio, reflects why we do what we do - TIME. Cancer rips time away, and our goal is to work at the maximum speed of translating human thought into action – 270 miles per hour – to give the people we serve more time. We are building the leading immuno-oncology cell therapy company, focused on discovering and developing new therapies that truly disrupt the cancer treatment landscape.

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