Celgene enters into collaboration with Obsidian Therapeutics

18 January 2019

USA-based Obsidian Therapeutics has announced a strategic collaboration with Celgene (Nasdaq: CELG) for the discovery and development of novel, regulated cell therapies that utilize Obsidian’s Destabilizing Domain (DD) technology.

The deal was announced on the same day that Celgene revealed another, $80 million collaboration with Boston, USA-based Kyn Therapeutics.

The multi-year collaboration provides Celgene with the exclusive option to in-license worldwide rights for cell therapy candidates that incorporate DD-regulated IL12 or CD40L for the treatment of cancer.

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