With PD-1 OK loom­ing, Re­gen­eron antes $100M on blue­bird al­liance for next-gen TCR cell ther­a­py pact

Some­time in the next few months, we’re like­ly to see the FDA come through with an ap­proval for the world’s 6th PD-1/L1 check­point in­hibitor from Re­gen­eron $REGN and its long­time de­vel­op­ment part­ners at Sanofi. But now the fast-grow­ing Re­gen­eron is al­so al­ly­ing it­self with blue­bird bio $BLUE, putting up $100 mil­lion in eq­ui­ty cash on a 50/50 de­vel­op­ment deal aimed at cre­at­ing a new pipeline of cell ther­a­pies with an eye to ex­pand­ing the hori­zon in on­col­o­gy with a new set of T cell re­cep­tor tar­gets.

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