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Biopharma Adoptive T-Cell Therapy Platforms sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Biopharma Adoptive T-Cell Therapy Platforms

1.1 - About Biopharma Adoptive T-Cell Therapy Platforms sector

Companies in Biopharma Adoptive T-Cell Therapy Platforms engineer, develop, and manufacture autologous and allogeneic T-cell therapeutics, including CAR‑T, TCR‑T, and TIL programs. They provide end‑to‑end capabilities spanning discovery, translational research, clinical development, and GMP manufacturing to deliver potent, targeted immunotherapies. The value proposition centers on improving clinical efficacy, expanding pipeline optionality, and de‑risking scale‑up through integrated process, regulatory, and supply chain expertise.

Typical offerings include engineered T-cell products such as CAR‑T, TCR‑T, and TIL therapies built on lentiviral, retroviral, or non‑viral gene delivery with CRISPR/TALEN editing, plus antigen discovery and binder optimization. Companies run closed‑system GMP processing, cell expansion, and QC release assays, alongside cryopreservation and vein‑to‑vein logistics. Many provide process development, comparability and scale‑up, clinical trial operations, and CDMO services, supported by biomarker analytics and bioinformatics to guide patient selection.

Primary customers include oncology biopharma sponsors, large pharmaceutical companies, and hospital cell therapy centers. These providers deliver faster IND filings and study starts, higher manufacturing reliability, and improved clinical response rates through optimized constructs and processes. Outcomes also include reduced cost of goods via allogeneic approaches, streamlined regulatory compliance, and expanded patient access enabled by robust supply chains and centralized manufacturing networks.

2. Buyers in the Biopharma Adoptive T-Cell Therapy Platforms sector

2.1 Top strategic acquirers of Biopharma Adoptive T-Cell Therapy Platforms companies

Janux Therapeutics Logo

Janux Therapeutics

HQ: United States Website
  • Description: Provider of precision-engineered, tumor-activated immunotherapies that leverage proprietary masking technology to create next-generation T-cell engagers capable of eliciting tumor-specific immune responses while sparing patients’ healthy tissue and overcoming historical toxicity and efficacy limitations.
  • Key Products:
  • TRACTr Platform: Tumor-activated T-cell engager platform using masking technology to expose binding sites only in tumors, boosting safety and efficacy across multiple solid-tumor indications
  • TRACIr Platform (PSMAxCD28): Bispecific immunotherapy delivering CD28 co-stimulation with PSMA targeting to deepen and sustain antitumor responses, designed for combination with JANX007
  • JANX007: PSMA-directed TRACTr candidate in Phase 1, engineered to overcome toxicity of existing T-cell engagers and selectively attack prostate tumors
  • CD19-ARM Program: Antibody-Receptor Mediated therapy providing rapid, deep and durable B-cell depletion with prolonged memory B-cell reset and no cytokine release syndrome observed preclinically.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Biopharma Adoptive T-Cell Therapy Platforms 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 T-Cell Therapy Platforms sector

3.1 - Buyout funds in the Biopharma Adoptive T-Cell Therapy Platforms sector

Buyout Funds investing in Biopharma Adoptive T-Cell Therapy Platforms companies

51+ funds
Description: Buyout funds focused on Biopharma Adoptive T-Cell Therapy Platforms companies globally.

EQT

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

Growth Equity Funds in Biopharma Adoptive T-Cell Therapy Platforms companies

41+ funds
Description: Growth equity funds focused on Biopharma Adoptive T-Cell Therapy Platforms companies globally.

Idinvest Partners

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

4.2 - Public trading comparable groups for Biopharma Adoptive T-Cell Therapy Platforms 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 T-Cell Therapy Platforms 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 T-Cell Therapy Platforms sector

Who are the top strategic acquirers of Biopharma Adoptive T-Cell Therapy Platforms companies?

Top strategic buyers in this sector include Janux Therapeutics, a provider of precision-engineered, tumor-activated immunotherapies that leverage proprietary masking technology to create next-generation t-cell engagers capable of eliciting tumor-specific immune responses while sparing patients’ healthy tissue and overcoming historical toxicity and efficacy limitations. .

Which buyer groups are most relevant for Biopharma Adoptive T-Cell Therapy Platforms companies?

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

Financial Investors in Biopharma Adoptive T-Cell Therapy Platforms sector

Which are the top PE firms investing in Biopharma Adoptive T-Cell Therapy Platforms companies?

Potential investors in the broader Biopharma Adoptive T-Cell Therapy Platforms space include Idinvest Partners and EQT.

Who are the top buyout funds acquiring Biopharma Adoptive T-Cell Therapy Platforms companies?

Active PE funds and buyout funds acquiring companies in the Biopharma Adoptive T-Cell Therapy Platforms space include EQT.

Who are the top growth equity funds investing in Biopharma Adoptive T-Cell Therapy Platforms companies?

Growth funds investing in the broader Biopharma Adoptive T-Cell Therapy Platforms sector include Idinvest Partners.

Valuation of Companies in Biopharma Adoptive T-Cell Therapy Platforms sector

Which are the key public companies that are relevant trading comps for Biopharma Adoptive T-Cell Therapy Platforms 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 T-Cell Therapy Platforms companies?

Similar trading comparable companies include Cell and Gene Therapy Biopharma Companies. Our platform tracks detailed trading comparable groups in the Biopharma Adoptive T-Cell Therapy Platforms 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 T-Cell Therapy Platforms sector?

Our platform tracks M&A transactions in the Biopharma Adoptive T-Cell Therapy Platforms 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 T-Cell Therapy Platforms?

Access recent funding rounds in the Biopharma Adoptive T-Cell Therapy Platforms 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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