Bluebird whistles up a co-development/co-promotion pact with Celgene on bb2121 CAR-T
Bluebird bio $BLUE has picked up an option to co-promote and co-develop its closely-watched anti-BCMA CAR-T bb2121 for multiple myeloma patients alongside Celgene $CELG.
Having worked together over the past 5 years, bluebird says it will cover half of the development costs for bb2121, beginning in April, while looking to split the profits it generates in the US. Celgene is in control outside the US.
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