Pharma BD Deal Intelligence

Celgene Corporation / Forma Therapeutics Holdings Inc.

2014 · Co-Development · $600M · Complete

Outcome grade pending — assessed 5 years post-close.

Full analysis, sources & comparables →

The coverage arc

Apr 01, 2014 FierceBiotech Bullish

Celgene doubles down on Forma with a $600M discovery deal tied to a buyout option, signaling deep conviction in protein homeostasis as a next-wave oncology…

Apr 07, 2014 Chemical & Engineering News Neutral

Celgene expands its pact with Forma, recognizing protein-homeostasis chemistry as a strategic complement to its IMiD franchise.

Sep 01, 2017 Drug Discovery & Development Bullish

Celgene's Rupert Vessey on extending the pact: 'Our continued collaboration with FORMA is based upon the quality of their drug candidates, their adaptability…

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

All 7 sources with sentiment breakdown →

Celgene paid Forma $225M upfront for a 3.5-year option-to-license arrangement on Forma's protein-homeostasis oncology pipeline. The deal was strategically notable as one of the largest preclinical option deals of 2014 and presaged the broader degrader/molecular-glue wave.

Key facts

Related deals — scored

DealYearValueOutcome
Celgene Corporation / Forma Therapeutics Holdings Inc. (this deal)2014$600M
Celgene Corporation / Bristol-Myers Squibb Company2015$2.0B85
Celgene Corporation / Agios Pharmaceuticals Inc.2010$130M83
Celgene Corporation / Bristol-Myers Squibb Company2018$9.0B68
Celgene Corporation / Abraxis BioScience Inc.2010$2.9B65
Celgene Corporation / Receptos Inc.2015$7.2B63
Celgene Corporation / Impact Biomedicines2018$7.0B54

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →