M&A Deal Summary

BioNTech Acquires Kite Pharma - Neoantigen TCR Cell Therapy R&D Platform & Manufacturing Facility

On July 19, 2021, BioNTech acquired life science company Kite Pharma - Neoantigen TCR Cell Therapy R&D Platform & Manufacturing Facility from Kite Pharma

Acquisition Highlights
  • This is BioNTech’s 3rd transaction in the Life Science sector.
  • This is BioNTech’s 2nd transaction in the United States.
  • This is BioNTech’s 1st transaction in Maryland.

M&A Deal Summary

Date 2021-07-19
Target Kite Pharma - Neoantigen TCR Cell Therapy R&D Platform & Manufacturing Facility
Sector Life Science
Buyer(s) BioNTech
Sellers(s) Kite Pharma
Deal Type Divestiture

Target

Kite Pharma - Neoantigen TCR Cell Therapy R&D Platform & Manufacturing Facility

Gaithersburg, Maryland, United States
Kite Pharma's Neoantigen TCR Cell Therapy R&D Platform & Manufacturing Facility provides production capacity to support clinical trials.

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Buyer(S) 1

Buyer

BioNTech

Mainz, Germany

Category Company
Founded 2008
Sector Life Science
Employees6,133
Revenue 3.8B EUR (2023)
DESCRIPTION

BioNTech is a biopharmaceutical company pioneering the development of individualized therapies for cancer and other diseases. The Company combines all building blocks of individualized immunotherapy under one roof – from diagnostics and drug development to manufacturing. Its cutting-edge technologies range from individualized mRNA-based medicines through innovative chimeric antigen receptors and T-cell receptor-based products to novel checkpoint immunomodulators. BioNTech founded in 2008 and is based in Mainz, Germany.


DEAL STATS #
Overall 3 of 4
Sector (Life Science) 3 of 3
Type (Divestiture) 2 of 2
State (Maryland) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-16 Neon Therapeutics

Cambridge, Massachusetts, United States

Neon Therapeutics, Inc. is a biotechnology company developing novel neoantigen-targeted T cell therapies, dedicated to transforming the treatment of cancer by directing the immune system towards neoantigens. Neon is using its neoantigen platform to develop both personal and precision neoantigen-targeted T cell therapy candidates. Neon’s most advanced program is NEO-PTC-01, its personalized neoantigen-targeted T cell therapy candidate consisting of multiple T cell populations targeting the most therapeutically relevant neoantigens from each patient’s tumor.

Buy $67M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 InstaDeep

London, United Kingdom

InstaDeep is an Artificial Intelligence company that makes use of AI to help businesses make complex decisions, better design their products and solve problems that are not easily solved with traditional approaches. InstaDeep was founded in 2014 and is based in London, United Kingdom.

Buy £362M

Seller(S) 1

SELLER

Kite Pharma

Santa Monica, California, United States

Category Company
Founded 2009
Sector Life Science
Employees184
Revenue 22M USD (2016)
DESCRIPTION
Kite Pharma's corporate headquarters in Santa Monica, California.
Kite Pharma's corporate headquarters in Santa Monica, California.

Kite Pharma, Inc. is a clinical-stage biopharmaceutical company engaged in the development of novel cancer immunotherapy products, with a primary focus on eACT designed to restore the immune system's ability to recognize and eradicate tumors. Kite Pharma was formed in 2009 and is based in Santa Monica, California.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-07 Cell Design Labs

Emeryville, California, United States

Cell Design Labs, Inc. is a biotherapeutics company pioneering breakthrough science to develop disruptive therapies for cancer and other devastating diseases. Cell Design Labs, Inc. was founded in 2015 and is based in San Emeryville, California.

Buy $567M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-20 Tmunity

Philadelphia, Pennsylvania, United States

Tmunity is a private biotherapeutics company focused on saving and improving lives by delivering the full potential of next-generation T-cell immunotherapy to patients with devastating diseases. Tmunity was founded in 2015 and is based in Philadelphia, Pennsylvania.

Buy -