Breaking News, Collaborations & Alliances

BMS & Cellares Announce Worldwide Capacity Reservation & Supply Agreement

Enables Bristol Myers Squibb to expand its manufacturing capacity, meeting the growing demand for its range of cell therapies through Cellares’ platform.

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By: Charlie Sternberg

Associate Editor

Bristol Myers Squibb and Cellares, an Integrated Development and Manufacturing Organization (IDMO) dedicated to clinical and industrial-scale cell therapy manufacturing, have announced a worldwide capacity reservation and supply agreement for the manufacture of CAR T cell therapies in a transaction valued up to $380 million in upfront and milestone payments.   As part of the agreement, Cellares will optimize, automate, and tech-transfer select Bristol Myers Squibb CAR T cell therapies onto its...

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