Pharma BD Deal Intelligence

Celgene Corporation / Jounce Therapeutics Inc.

2016 · Licensing/Option · $2.7B · Complete

CALLED IT — OFF BY 9
Full analysis, sources & comparables →

The coverage arc

Jul 23, 2019 Neutral

Jounce Therapeutics announces update on strategic collaboration with Celgene Corporation restructuring the 2016 deal to focus on JTX-8064 macrophage-targeting…

Jul 24, 2019 Bearish

Celgene scraps $2.6B deal and licenses Jounce antibody JTX-8064 in restructured cancer collaboration returning vopratelimab rights to Jounce Therapeutics.

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

All 4 sources with sentiment breakdown →

Celgene licensed Jounce Therapeutics' immuno-oncology pipeline including JTX-2011 ICOS agonist antibody, paying $261M upfront with up to $2.48B in milestones.

Key facts

Related deals — scored

DealYearValueOutcome
Celgene Corporation / Jounce Therapeutics Inc. (this deal)2016$2.7B29
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 →