AstraZeneca to Buy EsoBiotec for $1B to Boost Cell Therapy
In a major move to strengthen its cell and gene therapy portfolio, AstraZeneca has announced the acquisition of biotechnology firm EsoBiotec for up to $1 billion. The deal includes a $425 million upfront payment and an additional $575 million tied to regulatory and development milestones.
The acquisition will give AstraZeneca access to EsoBiotec’s Engineered NanoBody Lentiviral (ENaBL) platform, a groundbreaking technology that enables rapid genetic modification of immune cells inside the body, drastically reducing the time required for cell therapy treatments.
The ENaBL platform represents a significant breakthrough in cell therapy, offering a faster and more efficient alternative to traditional methods.
“This acquisition aligns with AstraZeneca’s long-term strategy to expand our capabilities in cell and gene therapy and bring next-generation treatments to patients faster,” the company stated.
AstraZeneca will acquire 100% of EsoBiotec’s outstanding equity on a cash and debt-free basis.
AstraZeneca has been actively expanding its presence in cell therapy, positioning itself among global pharmaceutical leaders in oncology, immunology, and rare diseases.
✔ Prior Investments in Cell Therapy
✔ How EsoBiotec Strengthens AstraZeneca’s Portfolio
With regulatory approvals expected by mid-2025, the integration of EsoBiotec into AstraZeneca’s global operations will be closely watched.
✔ Short-term Focus:
✔ Long-term Impact:
The acquisition marks a major step in AstraZeneca’s evolution into a leading innovator in next-generation cell and gene therapy, signaling faster, more accessible treatments for patients worldwide.
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