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Industries
Biotechnology
Healthcare
Company Size
51-200
Company Stage
IPO
Headquarters
Cambridge, Massachusetts
Founded
2021
2seventy bio focuses on developing new cancer therapies by combining knowledge of cancer cell biology, genetics, and the immune response. The company aims to create treatments that can significantly change how cancer is treated, helping patients live longer and better lives. Its approach involves extensive research and development, leading to clinical trials and regulatory approvals for new therapies. Unlike many competitors, 2seventy bio emphasizes rapid advancement in its treatments, reflecting its commitment to quickly translating scientific discoveries into effective cancer care. The goal of 2seventy bio is to provide patients with more time to enjoy life by outmaneuvering cancer through innovative therapies.
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Total Funding
$614.6M
Above
Industry Average
Funded Over
4 Rounds
2seventy bio, Inc. (Nasdaq: TSVT), today announced a definitive merger agreement under which Bristol Myers Squibb (NYSE: BMY) (“BMS”) will acquire all
March 11 (Reuters) - Bristol Myers Squibb (BMY.N) will acquire 2seventy bio (TSVT.O) for about $286 million in cash, sending the cancer cell therapy maker's shares up 76% in premarket trading on Tuesday.
CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), announced today that members of the management team will participate in a fireside chat at the upcoming TD Cowen 45th Annual Healthcare Conference on March 5, 2025 at 11:10 a.m. ET in Boston, Mass.A live webcast of the fireside chat will be available via the Investors and Media section of 2seventy bio’s website at https://ir.2seventybio.com/. Replays will be archived on 2seventy bio’s site for 30 days following the event.About 2seventy bioOur name, 2seventy bio, reflects why we do what we do - TIME. Cancer rips time away, and our goal is to work at the maximum speed of translating human thought into action – 270 miles per hour – to give the people we serve more time. With a deep understanding of the human body’s immune response to tumor cells and how to translate cell therapies into practice, we’re applying this knowledge to deliver the first FDA-approved CAR T cell therapy for multiple myeloma to as many patients as possible
Bristol Myers has acquired its cell therapy partner, 2seventy bio. The article does not provide specific financial details about the acquisition.
In addition, 2seventy bio recently appointed Jessica Snow as its new Chief Operating Officer.
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Industries
Biotechnology
Healthcare
Company Size
51-200
Company Stage
IPO
Headquarters
Cambridge, Massachusetts
Founded
2021
Find jobs on Simplify and start your career today