Pharma BD Deal Intelligence
Celgene paid up to $925M for a covalent BTK inhibitor that never made it to market—CC-292 lost the race to ibrutinib and acalabrutinib, missed its rheumatoid arthritis Phase 2a endpoint, and was discontinued with no approved drug from the Avilomics platform.
Celgene framed the deal as expanding its hematologic cancer portfolio with a covalent BTK inhibitor and the Avilomics platform — Tom Daniel called Avila's…
Celgene agreed to acquire Avila Therapeutics, gaining AVL-292, a covalent Bruton's tyrosine kinase inhibitor in Phase I, and the proprietary Avilomics platform…
Avila Therapeutics of Bedford to be bought by Celgene in a deal that could be worth $925 million; Celgene pays $350 million upfront with the remainder tied to…
Source summaries from our enrichment pipeline; follow links for originals.
All 8 sources with sentiment breakdown →
Celgene acquired Avila Therapeutics for $350M upfront plus up to $575M in milestones tied to AVL-292 ($195M) and Avilomics platform candidates ($380M). Expanded Celgene's hematologic cancer pipeline with covalent BTK inhibition.
Assessment window: 5yr post-close.
21K US cases/yr
Chronic lymphocytic leukemia (CLL) and B-cell non-Hodgkin lymphomas are blood cancers driven by abnormal proliferation of mature B-lymphocytes. They affect mostly older adults (median age ~70), are largely incurable in advanced/relapsed settings, and rely on B-cell receptor signaling — making BTK a validated therapeutic target.
At the time of the Avila deal (Jan 2012), the BTK inhibitor space was crystallizing around Pharmacyclics/J&J's PCI-32765 (later ibrutinib/Imbruvica), then in Phase 2 with breakthrough single-agent activity in CLL and MCL. Standard of care was still chemoimmunotherapy regimens (FCR — fludarabine/cyclophosphamide/Rituxan and BR — bendamustine/Rituxan). Avila's AVL-292 (later CC-292) was a more selective covalent BTK inhibitor positioned as a potentially cleaner second-generation alternative to ibrutinib, with the Avilomics covalent platform offering pipeline optionality beyond hematology into autoimmune disease (LifeSciVC, Jan 26 2012). For Celgene — whose hematology franchise rested on Revlimid, Vidaza, and Thalomid — adding a covalent BTK program complemented its myeloma/MDS dominance and gave it a CLL/NHL entry against Roche's rituximab/obinutuzumab and the emerging ibrutinib wave. CC-292 was ultimately deprioritized after ibrutinib's 2013 approval set a high efficacy bar; the broader Avilomics platform value (including future BTK-targeted autoimmune assets) remained the longer-term thesis. Source: https://lifescivc.com/2012/01/avila-therapeutics-strikes-a-covalent-corporate-bond-with-celgene/
| Deal | Year | Value | Outcome |
|---|---|---|---|
| Celgene Corporation / Avila Therapeutics, Inc. (this deal) | 2012 | $925M | 20 |
| Celgene Corporation / Bristol-Myers Squibb Company | 2015 | $2.0B | 85 |
| Celgene Corporation / Agios Pharmaceuticals Inc. | 2010 | $130M | 83 |
| Celgene Corporation / Bristol-Myers Squibb Company | 2018 | $9.0B | 68 |
| Celgene Corporation / Abraxis BioScience Inc. | 2010 | $2.9B | 65 |
| Celgene Corporation / Receptos Inc. | 2015 | $7.2B | 63 |
| Celgene Corporation / Impact Biomedicines | 2018 | $7.0B | 54 |
← Browse all deals · How we score deals
More: 2012 deals · Celgene Corporation deals · Hematology deals