Cellares

Cellares

Develops and manufactures cell therapies efficiently

About

Cellares develops and manufactures cell therapies in the biotechnology sector, operating as an Integrated Development and Manufacturing Organization (IDMO). This model combines development and manufacturing processes in one facility, unlike traditional CDMOs. Their proprietary "Smart Factory" technology enhances productivity and reduces costs and failure rates. Cellares aims to provide efficient and cost-effective manufacturing services for cell therapies, making it a competitive choice in the industry.

Company Stage

Series C

Employees

201-500

Industries

Industrial & Manufacturing, Biotechnology

Total Funding

$345.3M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • The $380M worldwide capacity reservation and supply agreement with Bristol Myers Squibb underscores Cellares' strong market position and growth potential.
  • The launch of Cell Q, the world's first automated cGMP QC workcell, demonstrates Cellares' commitment to innovation and operational efficiency.
  • The addition of industry veteran Christi Shaw to the advisory board brings invaluable expertise and leadership to the company.

What critics are saying

  • The complexity of integrating advanced technologies like the Cell Shuttle and Cell Q could lead to operational challenges and delays.
  • The highly competitive biotechnology sector requires continuous innovation to maintain a leading position, which can be resource-intensive.

What makes Cellares unique

  • Cellares is the first Integrated Development and Manufacturing Organization (IDMO), combining development and manufacturing processes under one roof, unlike traditional CDMOs.
  • Their proprietary 'Smart Factory' technology, including automated single-use cartridge systems, significantly boosts productivity and reduces costs and process failure rates.
  • Strategic partnerships with major pharmaceutical companies like Bristol Myers Squibb and Lyell highlight their industry credibility and advanced capabilities.

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Growth & Insights
Headcount

6 month growth

12%

1 year growth

32%

2 year growth

98%

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