AstraZeneca Acquires Cell Therapy Company in $1 Billion Deal to Develop In Vivo Cancer Treatments
AstraZeneca has announced the acquisition of a cell therapy company in a deal valued at up to $1 billion. The move aims to bolster the development of in vivo cancer therapies and advance the company’s efforts in cell therapy research. This acquisition reflects AstraZeneca’s continued focus on innovative approaches to treating cancer.
The agreement includes provisions for research into *in vivo* treatments, which involve targeting cells directly within the body rather than relying on external manipulation before reintroduction. The investment underscores AstraZeneca’s commitment to exploring cutting-edge therapeutic strategies that could potentially reshape how certain cancers are treated. Further details about the acquired company and its specific contributions to AstraZeneca’s pipeline have not been disclosed at this time.
Date: 17 March, 2025
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