
Celgene and Forma enter second collaboration; Celgene gets buy-out option
Executive Summary
Celgene Corp. and drug discovery firm Forma Therapeutics Holdings LLC entered into their second partnership in just a year, this time teaming up for the discovery and development of compounds spanning a variety of therapeutic areas including cancer, with the potential for Celgene to buy Forma outright at the end of a possible seven-and-a-half year term.
Deal Industry
- Pharmaceuticals
-
Biotechnology
- Drug Discovery Technologies
Deal Status
- Final
Deal Type
-
Alliance
- Includes M&A Option
- Intra-Biotech Deal
- R&D and Marketing (Licensing)
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