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Bristol Myers Squibb Ends Partnership with Cellares Over CAR-T Therapy Manufacturing Challenges.

Aug 25, 2026about 6 hours ago

Contract Type

partnership

LawrencevilleManufacturingBiotechnologyHealth CareMedicalTherapeuticsPharmaceuticalBiopharma

Description

Bristol Myers Squibb has terminated its partnership with cell therapy startup Cellares due to the latter’s inability to meet manufacturing requirements for its CAR-T therapy, Breyanzi. This development highlights the ongoing challenges associated with producing CAR-T therapies, which are crucial for blood cancer treatment.

Company Information

Company

Bristol Myers Squibb

Location

Lawrenceville, New Jersey, United States

About

Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, Twitter, YouTube, Facebook, and Instagram.

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Agreement Insights

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Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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