M&A Deal Summary

Lisata Therapeutics Acquires Cend Therapeutics

On April 27, 2022, Lisata Therapeutics acquired life science company Cend Therapeutics

Acquisition Highlights
  • This is Lisata Therapeutics’ 3rd transaction in the Life Science sector.
  • This is Lisata Therapeutics’ 3rd transaction in the United States.
  • This is Lisata Therapeutics’ 2nd transaction in California.

M&A Deal Summary

Date 2022-04-27
Target Cend Therapeutics
Sector Life Science
Buyer(s) Lisata Therapeutics
Deal Type Merger

Target

Cend Therapeutics

San Diego, California, United States
Cend Therapeutics is a privately held, clinical-stage biotechnology company focused on a novel approach to enable more effective treatments for solid tumor cancers. Cend Therapeutics is based in San Diego, California.

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Buyer(S) 1

Buyer

Lisata Therapeutics

Basking Ridge, New Jersey, United States

Category Company
Founded 1980
Sector Life Science
Employees26
Revenue 1M USD (2024)
DESCRIPTION

Lisata Therapeutics is a late-stage therapeutics development biopharmaceutical company pioneering advancements in cell therapies in select cardiovascular and autoimmune diseases. Lisata Therapeutics was founded in 1980 and is based in Basking Ridge, New Jersey.


DEAL STATS #
Overall 3 of 3
Sector: Life Science M&A 3 of 3
Type: Merger M&A Deals 1 of 1
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-14 California Stem Cell

Irvine, California, United States

California Stem Cell, Inc. is a stem cell biotechnology company. CSC has developed proprietary methods for the scalable production of high-purity human stem cells and their derivatives. CSC has been focused on the application of these cells in developing life changing therapies, including Melapuldencel–T, which has been the subject of compelling trial results for the treatment of metastatic melanoma.

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