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Biopharma Adoptive NK Cell Therapies sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Biopharma Adoptive NK Cell Therapies

1.1 - About Biopharma Adoptive NK Cell Therapies sector

Companies in Biopharma Adoptive NK Cell Therapies develop and manufacture natural killer cell–based immunotherapies, delivering allogeneic and engineered cell products for hematologic malignancies and solid tumors. They combine proprietary NK platforms with scalable GMP production to provide off‑the‑shelf doses, clinical trial supply, and translational support. The value proposition centers on rapid availability, potential safety advantages, and combinability with antibodies and engagers to improve patient outcomes.

These companies typically offer iPSC‑derived and cord blood/peripheral blood NK cell lines, CAR‑NK engineering, feeder‑based and cytokine (IL‑15) expansion systems, and CRISPR gene editing to enhance persistence and cytotoxicity. They operate GMP suites for activation, formulation, cryopreservation, and release testing, with potency and immune monitoring assays. Strategic buyers in adoptive NK cell therapy also provide clinical trial sponsorship, regulatory CMC, cold‑chain logistics, and combination regimens with monoclonal antibodies or NK cell engagers.

Primary customers include oncology clinics and hospital cellular therapy programs administering investigational products, as well as biopharma partners and academic cancer centers co‑developing assets. Outcomes delivered include broader patient access through off‑the‑shelf dosing, shorter vein‑to‑vein timelines, improved safety management versus T‑cell therapies in certain settings, and scalable manufacturing that supports faster trial enrollment and pipeline expansion across hematologic malignancies and selected solid tumor indications.

2. Buyers in the Biopharma Adoptive NK Cell Therapies sector

2.1 Top strategic acquirers of Biopharma Adoptive NK Cell Therapies companies

Nkarta Logo

Nkarta

HQ: United States Website
  • Description: Provider of off-the-shelf, allogeneic chimeric antigen receptor (NK) cell therapies for cancer, applying proprietary NK cell expansion and engineering platforms to harness natural killer cell cytotoxicity. Its pipeline includes lead candidates NKX101 and NKX201 for acute myeloid leukemia and other hematologic malignancies, supported by scalable manufacturing processes to rapidly deliver broadly applicable cellular immunotherapies.
  • Key Products:
  • Allogeneic NK Cell Therapy Platform: Expands and cryopreserves donor-derived NK cells, then engineers them to improve tumor targeting and cell persistence, enabling scalable off-the-shelf cancer treatments
  • Engineered NK Cell Therapy Candidates Pipeline: Manufactures investigational NK cell products through efficient processes to deliver sustained anti-tumor activity and potentially reset immune balance in autoimmune disorders
  • Ntrust-1 Investigational Therapy: Next-generation NK cell treatment being studied for safety and activity in lupus nephritis, designed to address the disease’s root cause rather than merely control symptoms
  • Ntrust-2 Investigational Therapy: Differently engineered NK cell therapy under evaluation for systemic sclerosis, myositis and vasculitis, aiming to reach the underlying mechanisms of these autoimmune diseases for durable benefit.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Biopharma Adoptive NK Cell Therapies sector

M&A buyer group 1: Cell Therapy

36 companies View group →
Description: Companies in the Life Sciences Cell Therapy Manufacturing Solutions category design, engineer, and produce cell-based therapeutics, spanning autologous and allogeneic modalities. They provide end-to-end capabilities from process development and scale-up to GMP manufacturing, quality control, and logistics. These vendors help sponsors accelerate clinical timelines, de-risk commercialization, and meet global regulatory standards—key attributes analysts seek when evaluating strategic buyers in cell therapy.
Precigen

Precigen

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of biotechnology solutions focused on human gene therapy and gene editing, leveraging proprietary DNA-engineering technologies to control cellular functions and develop treatments such as CAR-T therapies for acute myeloid leukemia.
  • Key Products:
  • PRGN-3006 CAR-T Therapy: Investigational CAR-T treatment granted orphan drug status targeting acute myeloid leukemia by genetically engineering patient T-cells to attack cancer cells and potentially improve clinical outcomes
  • Proprietary DNA Engineering Platform: Suite of complementary technologies that enables precise DNA-based control over cellular functions, supporting creation of diverse gene and cell therapies
  • Human Gene Editing Programs: Focused research initiatives applying advanced gene-editing techniques to develop next-generation therapeutics for multiple diseases using Precigen’s engineered cell and gene platforms
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Biopharma Adoptive NK Cell Therapies sector

3.1 - Buyout funds in the Biopharma Adoptive NK Cell Therapies sector

Buyout Funds investing in Biopharma Adoptive NK Cell Therapies companies

51+ funds
Description: Buyout funds focused on Biopharma Adoptive NK Cell Therapies companies globally.

EQT

Website HQ: Sweden
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Biopharma Adoptive NK Cell Therapies
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Biopharma Adoptive NK Cell Therapies sector

Growth Equity Funds in Biopharma Adoptive NK Cell Therapies companies

41+ funds
Description: Growth equity funds focused on Biopharma Adoptive NK Cell Therapies companies globally.

Idinvest Partners

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Biopharma Adoptive NK Cell Therapies
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Biopharma Adoptive NK Cell Therapies companies

4.2 - Public trading comparable groups for Biopharma Adoptive NK Cell Therapies sector

Valuation benchmark group 1: Cell and Gene Therapy Biopharma Companies

3 companies View group →
Description: Public biopharmaceutical companies focused on cell and gene therapy discover, develop, manufacture, and commercialize advanced therapeutics targeting oncology, virology, immunology, and rare genetic diseases. They monetize through prescription drug sales, royalties, and partnering deals, supported by global regulatory approvals and market access. These companies are comparable for valuation because they share R&D‑intensive pipelines, specialized GMP manufacturing, significant launch-driven revenue profiles, and exposure to similar reimbursement and commercial execution dynamics.
Novartis logo

Novartis

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of innovative medicines and treatments, focusing on the research, development, manufacturing, and marketing of patented pharmaceuticals in areas such as oncology, immunology, cardiovascular, ophthalmology, and neuroscience to improve and extend lives worldwide.
  • Key Products:
  • Oncology Treatments: Medications for various types of cancer
  • Immunology Drugs: Treatments for autoimmune and inflammatory diseases
  • Cardiovascular Medicines: Drugs for heart and vascular conditions
  • Neuroscience Therapies: Pharmaceuticals for neurological and psychiatric disorders
  • Ophthalmology Solutions: Treatments for eye diseases and conditions
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Biopharma Adoptive NK Cell Therapies sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Biopharma Adoptive NK Cell Therapies sector

Who are the top strategic acquirers of Biopharma Adoptive NK Cell Therapies companies?

Top strategic buyers in this sector include Nkarta, a provider of off-the-shelf, allogeneic chimeric antigen receptor (nk) cell therapies for cancer, applying proprietary nk cell expansion and engineering platforms to harness natural killer cell cytotoxicity. its pipeline includes lead candidates nkx101 and nkx201 for acute myeloid leukemia and other hematologic malignancies, supported by scalable manufacturing processes to rapidly deliver broadly applicable cellular immunotherapies. .

Which buyer groups are most relevant for Biopharma Adoptive NK Cell Therapies companies?

Relevant strategic buyer groups similar to the Biopharma Adoptive NK Cell Therapies sector include Cell Therapy because they share similar customer segments and product capabilities.

Financial Investors in Biopharma Adoptive NK Cell Therapies sector

Which are the top PE firms investing in Biopharma Adoptive NK Cell Therapies companies?

Potential investors in the broader Biopharma Adoptive NK Cell Therapies space include Idinvest Partners and EQT.

Who are the top buyout funds acquiring Biopharma Adoptive NK Cell Therapies companies?

Active PE funds and buyout funds acquiring companies in the Biopharma Adoptive NK Cell Therapies space include EQT.

Who are the top growth equity funds investing in Biopharma Adoptive NK Cell Therapies companies?

Growth funds investing in the broader Biopharma Adoptive NK Cell Therapies sector include Idinvest Partners.

Valuation of Companies in Biopharma Adoptive NK Cell Therapies sector

Which are the key public companies that are relevant trading comps for Biopharma Adoptive NK Cell Therapies companies?

Key trading comparable groups include Novartis, a provider of innovative medicines and treatments, focusing on the research, development, manufacturing, and marketing of patented pharmaceuticals in areas such as oncology, immunology, cardiovascular, ophthalmology, and neuroscience to improve and extend lives worldwide..

Which are the key trading comparable groups for Biopharma Adoptive NK Cell Therapies companies?

Similar trading comparable companies include Cell and Gene Therapy Biopharma Companies. Our platform tracks detailed trading comparable groups in the Biopharma Adoptive NK Cell Therapies sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Biopharma Adoptive NK Cell Therapies sector?

Our platform tracks M&A transactions in the Biopharma Adoptive NK Cell Therapies sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Biopharma Adoptive NK Cell Therapies?

Access recent funding rounds in the Biopharma Adoptive NK Cell Therapies sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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