M&A Deal Summary

F1 Oncology Acquires EXUMA Biotechnology

On November 13, 2018, F1 Oncology acquired life science company EXUMA Biotechnology

Acquisition Highlights
  • This is F1 Oncology’s 1st transaction in the Life Science sector.
  • This is F1 Oncology’s 1st transaction in Cayman Islands.

M&A Deal Summary

Date 2018-11-13
Target EXUMA Biotechnology
Sector Life Science
Buyer(s) F1 Oncology
Deal Type Add-on Acquisition

Target

EXUMA Biotechnology

Grand Cayman, Cayman Islands
EXUMA Biotechnology is a clinical-stage biotechnology company developing CAR-T solutions for the solid tumor markets in Asia. EXUMA oversee the development, manufacturing, quality, clinical, regulatory, and commercial operating units located in Shanghai and Shenzhen, PRC.

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Buyer(S) 1

Buyer

F1 Oncology

West Palm Beach, Florida, United States

Category Company
Founded 2015
Sector Life Science
DESCRIPTION

F1 Oncology is a clinical-stage biotechnology company committed to bringing to market CAR-T therapies for the treatment of cancer. F1 Oncology leverages its globally integrated science, development and informatics teams located across multiple time zones to accelerate the design, high-throughput screening, discovery and development of adoptive cellular therapy (ACT) candidates. The company is developing CAB-based ACT platforms to advance TME-restricted CAR-T therapies for solid tumors, as well as highly scalable systems for global deployment, beginning in Asia.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Cayman Islands M&A 1 of 1
Year: 2018 M&A 1 of 1