Pharma BD Deal Intelligence

CSL Behring (CSL Limited) / Calimmune, Inc.

2017 · Acquisition/Merger · $416M · Complete

WRONG BY 35 POINTS

Seven years and an upfront $91M later, CSL shut down the entire Calimmune-derived R&D site with no approved product and a terminated Phase I trial.

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The coverage arc

Aug 28, 2017 BioPharma Dive Neutral

CSL Behring paid $91M upfront for early-stage gene therapy assets, marking the plasma giant's deepest move into ex vivo HSC gene therapy.

Aug 28, 2017 Fierce Biotech Bullish

CSL Behring is buying Calimmune for an early-stage stem cell and gene therapy boost, adding CAL-H plus the Select+ and Cytegrity manufacturing platforms aimed…

Aug 01, 2024 Fierce Biotech Bearish

CSL Behring is shutting its Pasadena cell-and-gene therapy R&D site as part of a broader pivot away from ex vivo lentiviral vector gene therapy, affecting…

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CSL Behring agreed to acquire Calimmune for $91M upfront plus up to $325M in performance-based milestones over ~8+ years (~$416M total). The deal added the preclinical CAL-H stem cell gene therapy for sickle cell disease/beta-thalassemia plus Calimmune's Select+ enrichment and Cytegrity manufacturing platform technologies. CSL later refocused away from lentiviral gene therapy.

Did it work? Outcome assessment

Seven years and an upfront $91M later, CSL shut down the entire Calimmune-derived R&D site with no approved product and a terminated Phase I trial.

Strategic verdict
Failed to Achieve

Key facts

Related deals — scored

DealYearValueOutcome
CSL Behring (CSL Limited) / Calimmune, Inc. (this deal)2017$416M15
Amgen Inc. / Micromet Inc.2012$1.2B88
Servier / Shire plc (Oncology Business)2018$2.4B88
AstraZeneca PLC / Alexion Pharmaceuticals Inc.2020$39.0B86
Swedish Orphan Biovitrum AB / Biovitrum2001$493M84
Otsuka Pharmaceutical Co. Ltd. / Astex Pharmaceuticals2013$886M79
AbbVie Inc. / Pharmacyclics Inc.2015$21.0B79

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