Pharma BD Deal Intelligence
A platform-validation deal that fizzled: Amgen paid Kite Pharma $60M upfront for a CAR T research collaboration eligible for up to $525M in milestones, but it never produced a publicly disclosed launched asset before Gilead bought Kite outright.
Outcome grade pending — assessed 5 years post-close.
Full analysis, sources & comparables →Amgen and Kite Pharma entered into a strategic research collaboration to advance CAR T immunotherapy beyond CD19 by combining Amgen's oncology targets with…
Novel CAR T-cell therapies expected from the Amgen/Kite Pharma collaboration, leveraging Kite's engineered autologous platform with Amgen's deep oncology…
Kite Pharma was acquired by Gilead for $11.9B in October 2017; the prior Amgen collaboration ultimately did not produce a publicly disclosed launched asset.
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Amgen and Kite Pharma announced a strategic research collaboration and license agreement to develop and commercialize CAR T cell immunotherapies based on Kite's engineered autologous cell therapy platform and Amgen's array of cancer targets. Kite received $60M upfront and was eligible for up to $525M in milestones per Amgen program plus tiered royalties; Amgen also eligible for $525M per Kite program.
$6.0B Global CAR-T market 2025 ($6.03B)
Chimeric antigen receptor (CAR) T cell therapy reprograms a patient's own T cells with a synthetic receptor against a tumor antigen, then reinfuses them as a 'living drug.' CD19-targeted CAR-Ts deliver durable remissions in B-cell leukemias and lymphomas; expansion to solid tumors and other hematologic targets remains a major unmet need.
In early 2015 the CAR-T field was a three-horse race ahead of approvals: Novartis–UPenn (CTL019/tisagenlecleucel, later Kymriah), Kite Pharma (KTE-C19, later Yescarta/axicabtagene ciloleucel) and Juno Therapeutics (JCAR017, later Breyanzi after Bristol-Myers Squibb's $9B Celgene acquisition). Bluebird and Celgene were partnering on bb2121 (later Abecma) in multiple myeloma. Amgen had no internal CAR-T platform but possessed a deep oncology target portfolio (notably BCMA, FLT3, mesothelin and others), making the Kite alliance a fast on-ramp to next-generation CAR constructs. The deal gave Kite $60M upfront, R&D funding through IND, and up to $525M in milestones per program (each direction), with tiered royalties — high single- to double-digit on Amgen-program sales and single-digit on Kite-program sales. The deal mattered because it validated CAR-T as a platform modality for big pharma and surfaced novel target classes beyond CD19. Strategic context shifted in October 2017 when Gilead acquired Kite for $11.9B, eclipsing the Amgen relationship; Yescarta later became the leading CAR-T product by share, while the joint Amgen-Kite programs did not produce a publicly disclosed launched asset.
| Deal | Year | Value | Outcome |
|---|---|---|---|
| Amgen Inc. / Kite Pharma, Inc. (this deal) | 2015 | $585M | — |
| Amgen Inc. / Immunex Corporation | 2002 | $16.0B | 92 |
| Amgen Inc. / Immunex Corporation | 2001 | $16.0B | 91 |
| Amgen Inc. / Micromet Inc. | 2012 | $1.2B | 88 |
| Amgen Inc. / Five Prime Therapeutics | 2021 | $1.9B | 78 |
| Amgen Inc. / Horizon Therapeutics plc | 2022 | $27.8B | 72 |
| Amgen Inc. / Otezla (from Celgene/BMS) | 2019 | $13.4B | 68 |
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More: 2015 deals · Amgen Inc. deals · Hematology deals