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Johnson & Johnson makes a significant investment in Sail Biomedicines, committing $785 million up front, including a $465 million equity investment, to advance its lead CAR-T program.
PRIVATEJul 30, 2026•10 days ago
Amount Raised
$465 Million
Round Type
Venture - Series Unknown
Investors
Johnson & Johnson
Description
Johnson & Johnson announced a deal to work with biotechnology firm Sail Biomedicines, including an initial equity investment of $465 million. The funding aims to help advance Sail's CAR-T therapy program, which is still in preclinical testing. J&J has also secured an exclusive option to acquire Sail for $2.58 billion in the future. This represents a strategic move into in vivo cell therapy by one of the industry giants.
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