Pharma BD Deal Intelligence

Pfizer Inc. / Beam Therapeutics Inc.

2022 · Licensing/Option · $1.4B · Complete

WRONG BY 26 POINTS
Full analysis, sources & comparables →

The coverage arc

Jan 10, 2022 Boston Globe Neutral

Beam Therapeutics inks $300 million gene-editing collaboration with Pfizer for exclusive four-year research partnership in rare diseases.

Feb 22, 2022 C&EN Bullish

Pfizer buys into next-generation gene editing in $300 million deal with Beam Therapeutics combining mRNA/LNP delivery technologies.

Feb 25, 2026 Fierce Biotech Bullish

After gene therapy exit, Pfizer locks in global license for Beam gene editing candidate — Pfizer opted to advance an unnamed liver disease program; Beam…

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

All 9 sources with sentiment breakdown →

Pfizer entered a four-year exclusive multi-target research collaboration with Beam Therapeutics (announced Jan 10, 2022) for in vivo base editing programs targeting rare genetic diseases of the liver, muscle, and central nervous system. Pfizer paid $300M upfront, with up to $1.05B in milestone payments (total consideration up to $1.35B) contingent on Pfizer exercising opt-in licenses across the three targets. UPDATE: in December 2025, at the completion of the four-year research period, Pfizer opted in to an exclusive, worldwide license for one liver-targeted base editing development candidate (built on Beam's proprietary liver-targeting LNP); Pfizer assumes all development, manufacturing, regulatory and commercialization responsibility. Beam remains eligible for development, regulatory and commercial milestone payments and retains a right to opt in, at the end of Phase 1/2, to a global co-development and co-commercialization agreement under which Beam and Pfizer would share net profits and costs 35%/65% (Beam/Pfizer). Beam disclosed the opt-in in its Q4/FY2025 results (Feb 24, 2026). Opt-in fee and specific milestone amounts were not disclosed.

Key facts

Related deals — scored

DealYearValueOutcome
Pfizer Inc. / Beam Therapeutics Inc. (this deal)2022$1.4B63
Pfizer Inc. / BioNTech SE2020$748M100
Pfizer Inc. / FoldRx Pharmaceuticals201099
Pfizer Inc. / Medivation Inc.2016$14.0B86
Pfizer Inc. / Wyeth2009$68.0B86
Pfizer Inc. / Warner-Lambert Company2000$90.0B83
Pfizer Inc. / Arvinas, Inc.2021$2.4B77

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →