M&A Deal Summary

Kalaris Therapeutics Acquires Allovir

On March 18, 2025, Kalaris Therapeutics acquired life science company Allovir

Acquisition Highlights
  • This is Kalaris Therapeutics’ 1st transaction in the Life Science sector.
  • This is Kalaris Therapeutics’ 1st transaction in the United States.
  • This is Kalaris Therapeutics’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2025-03-18
Target Allovir
Sector Life Science
Buyer(s) Kalaris Therapeutics
Deal Type Merger
Advisor(s) Leerink Partners (Financial)
Goodwin Procter (Legal)

Target

Allovir

Waltham, Massachusetts, United States
Allovir is a developer of novel cell therapies with a focus on restoring natural immunity against life-threatening virus-associated diseases in patients with severely weakened immune systems. The company’s technology platforms deliver commercially scalable solutions by leveraging off-the-shelf, allogeneic, multi-virus specific T-cells targeting devastating viral pathogens for immunocompromised patients under viral attack. AlloVir’s technology and manufacturing process enables the potential for the treatment and/or prevention of up to six devastating viruses with each single allogeneic cell therapy. The company is advancing multiple mid- and late-stage clinical trials across its product portfolio. AlloVir was formed in 2013 and is based in Waltham, Massachusetts.

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Buyer(S) 1

Buyer

Kalaris Therapeutics

Palo Alto, California, United States

Category Company
Founded 2019
Sector Life Science
Employees14
DESCRIPTION

Kalaris Therapeutics is a clinical-stage biopharmaceutical company dedicated to the development and commercialization of treatments for prevalent retinal diseases. The company is focused on development of TH103, a novel, differentiated anti-VEGF investigational therapy. Kalaris Therapeutics was founded in 2019 and is based in Palo Alto, California.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1