Neogene Therapeutics to Sell to AstraZeneca

San Diego – November 30, 2022 – Cooley advised Neogene Therapeutics, a global clinical-stage biotechnology company, on its definitive agreement to be acquired by AstraZeneca for a total consideration of up to $320 million, on a cash and debt-free basis, including an upfront payment of $200 million and up to $120 million payable upon achievement of certain milestones. Partners Rama Padmanabhan, Charity Williams and Charles Bair led the Cooley team advising Neogene Therapeutics.

Sharing AstraZeneca’s goal of bringing cell therapies to patients with solid tumors, Neogene offers expertise in the discovery, development and manufacturing of T-cell receptor (TCR) therapies – a promising therapeutic modality in cancer – that will strengthen AstraZeneca’s ambition to transform outcomes for patients.

With European Union headquarters in Amsterdam and US headquarters in Santa Monica, California, Neogene Therapeutics focuses on discovering, developing and manufacturing next-generation, transformative TCR therapies targeting neoantigens in solid cancers.

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Related Contacts
Rama Padmanabhan  Partner San Diego
Charity Williams  Partner San Diego
Charles Bair  Partner San Diego
Lindsey O'Crump  Associate Washington, DC
Luke X. Blackett  Associate San Francisco
Melissa Meza  Associate San Diego
John Forrest  Associate Boston
Asa Henin  Special Counsel San Diego
Howard Morse  Partner Washington, DC
Sharon Connaughton  Special Counsel Washington, DC
Alessandra Murata  Partner Palo Alto
Ajay Athavale  Associate San Francisco
Kelsie Leigh Harris  Associate New York
Jeffrey J. Tolin  Partner New York
Joe Mandry  Associate San Diego
Ross Eberly  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Lei Shen  Partner Chicago
Tania Soris  Associate New York
Elizabeth Anne Wright  Partner Brussels
Alexander Wenzel  Associate Brussels
Natasha Leskovsek  Of Counsel Washington, DC
Phil Mitchell  Partner New York
Zimu Yang  Associate Washington, DC
Christopher Kimball  Partner Washington, DC
Karen Tsai  Special Counsel Washington, DC
Sara Kim  Associate Los Angeles – Downtown, Los Angeles – Santa Monica
Zack Gong  Associate Shanghai
Nick Hall  Associate Washington, DC
Joyce Li  Associate Chicago
Related Practices & Industries

Mergers & Acquisitions  Life Sciences