Divestiture • Life Science

Celyad Oncology Acquires OnCyte

On January 6, 2015, Celyad Oncology acquired life science company OnCyte from Celdara Medical

Acquisition Context
  • This is Celyad Oncology’s 1st transaction in the Life Science sector.
  • This is Celyad Oncology’s 2nd transaction in the United States.

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M&A Deal Summary

Date January 6, 2015
Target OnCyte
Sector Life Science
Buyer(s) Celyad Oncology
Sellers(s) Celdara Medical
Deal Type Divestiture

Target Company

OnCyte

United States
OnCyte’s most advanced autologous CAR T-Cell drug candidate, CM-CS1, uses a specific human Natural Killer cell receptor, NKG2D, that targets tumor antigens expressed in most liquid and solid cancers.
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Buyer Overview 1

Buyer

Celyad Oncology

Mont-Saint-Guibert, Belgium

Category Company
Founded 2004
Sector Life Science
Employees17
Revenue 3M EUR (2018)
DESCRIPTION

Celyad Oncology is a biopharmaceutical company, focused on the discovery, development and commercialization of regenerative and protective therapies for cardiovascular diseases. Celyad Oncology was incorporated in 2004 and is based in Mont-Saint-Guibert, Belgium.


Deal Context for Buyer #
Overall 2 of 2
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
Country: United States 2 of 2
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-05 CorQuest Medical

Miami, Florida, United States

CorQuest Medical specializes in the development of innovative devices and technologies for cardiac surgery. CorQuest’s revolutionary technology is designed to enable cardiologists to take a unique access route directly to the patient’s left atrium.

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Seller Profile 1

SELLER

Celdara Medical

Lebanon, New Hampshire, United States

Category Company
Founded 2008
Sector Life Science
DESCRIPTION

Celdara Medical builds academic and early-stage innovations into high-potential medical companies, identifying discoveries of exceptional value at the earliest stages and moving them toward the market.


Deal Context for Seller #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1