Galapagos NV Acquires CellPoint and AboundBio
June 21, 2022
Galapagos NV has acquired CellPoint and AboundBio to accelerate access to next-generation cell therapies, combining CellPoint's decentralized point-of-care CAR-T manufacturing platform with AboundBio's fully human antibody discovery capabilities. The deal includes an upfront €125 million for CellPoint (plus up to €100 million in milestones) and $14 million for AboundBio, positioning Galapagos to expand its cell therapy pipeline and validate a rapid vein-to-vein delivery model.
- Buyers
- Galapagos NV
- Targets
- CellPoint, AboundBio
- Sellers
- +ND Capital, UPMC Enterprises
- Industry
- Biotechnology
- Location
- Netherlands
- Transaction Type
- Buyout
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