Pharma BD Deal Intelligence
Dragonfly Therapeutics announces strategic collaboration with Celgene to discover and develop novel natural killer (NK) cell-based immunotherapies using…
BMS licenses IL-12 from Dragonfly in $475 million deal. Dragonfly receives $475 million in near-term upfront payments for DF6002 program plus milestone and…
Dragonfly Therapeutics announces sixth Dragonfly TriNKET opt-in by Bristol Myers Squibb, bringing total licensed drugs to seven including the novel…
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Multi-phase collaboration between Celgene (later BMS after 2019 acquisition) and Dragonfly Therapeutics for TriNKET NK cell engager immunotherapies. The original June 2017 collaboration focused on hematology malignancies. The partnership expanded multiple times: 2018 expansion doubled programs to include solid tumors; 2020 added a $475 million IL-12 program (DF6002/BMS-986415); and by 2023, BMS had opted into six TriNKET drug candidates plus the IL-12 cytokine, for seven total licensed programs spanning hematologic cancers, solid tumors, autoimmune disease, and neuroinflammation. Individual opt-in payments in the $25-28 million range per TriNKET program.
| Deal | Year | Value | Outcome |
|---|---|---|---|
| Bristol-Myers Squibb Company / Dragonfly Therapeutics Inc. (this deal) | 2017 | $475M | 60 |
| Bristol-Myers Squibb Company / Medarex Inc. | 2009 | $2.4B | 92 |
| Bristol-Myers Squibb Company / Celgene Corporation | 2019 | $74.0B | 77 |
| Bristol-Myers Squibb Company / MyoKardia Inc. | 2020 | $13.1B | 76 |
| Bristol-Myers Squibb Company / Karuna Therapeutics | 2023 | $14.0B | 76 |
| Bristol-Myers Squibb Company / Ono Pharmaceutical Co., Ltd. | 2011 | — | 76 |
| Bristol-Myers Squibb Company / SystImmune Inc. | 2023 | $8.4B | 71 |
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More: 2017 deals · Bristol-Myers Squibb Company deals · Immunology deals