MD Anderson to Acquire Bellicum's Manufacturing Facility for $15M
Shots:
- MD Anderson signs an asset purchase agreement with Bellicum to acquire its 60-000-square-foot facility in Houston including its technical operation- quality staff- manufacturing- office and laboratory space for $15M. The transaction is expected to close in Q1’20
- Additionally- the companies will sign a master services agreement- under which MD Anderson will operate Bellicum’s Houston facility and manufacture its GoCAR and other cellular therapy programs for clinical trials and early commercial supply
- The supply agreement ensures Bellicum's access to cell therapy product supply while reducing its operating expenses. MD Anderson will provide employment to ~35 employees at the Houston facility
Click here to read full press release/ article | Ref: Bellicum | Image: Houston Public media
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