Pharma BD Deal Intelligence

Amgen Inc. / Kite Pharma, Inc.

2015 · Co-Development · $585M · Terminated

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.

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The coverage arc

Jan 09, 2015 The Cancer Letter Bullish

Amgen and Kite Pharma entered into a strategic research collaboration to advance CAR T immunotherapy beyond CD19 by combining Amgen's oncology targets with…

Jan 12, 2015 Targeted Oncology Bullish

Novel CAR T-cell therapies expected from the Amgen/Kite Pharma collaboration, leveraging Kite's engineered autologous platform with Amgen's deep oncology…

Oct 03, 2017 Wikipedia (Kite Pharma) Neutral

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.

Source summaries from our enrichment pipeline; follow links for originals.

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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.

Key facts

Disease & market context

Hematologic and Solid Tumor Malignancies (CAR-T Immunotherapy)

$6.0B Global CAR-T market 2025 ($6.03B)

Disease Overview

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.

Competitive Landscape

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.

Related deals — scored

DealYearValueOutcome
Amgen Inc. / Kite Pharma, Inc. (this deal)2015$585M
Amgen Inc. / Immunex Corporation2002$16.0B92
Amgen Inc. / Immunex Corporation2001$16.0B91
Amgen Inc. / Micromet Inc.2012$1.2B88
Amgen Inc. / Five Prime Therapeutics2021$1.9B78
Amgen Inc. / Horizon Therapeutics plc2022$27.8B72
Amgen Inc. / Otezla (from Celgene/BMS)2019$13.4B68

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