AbelZeta Pharma

Overview
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Cell & Gene Therapy?
Product stageSegments
Seed
?
CAR-T cell therapy
?

AbelZeta Pharma (previously known as Cellular Biomedicine Group) develops cell-based therapies in the fields of oncology and immunology. The company uses chimeric antigen receptor T cells (CAR-T cells), armored CAR-T cells, and tumor-infiltrating lymphocytes therapies (TIL therapies) for its treatment solutions. AbelZeta Pharma notes that it has facilities across the US, England, and China, for carrying out clinical trials as well as producing its cell therapy solutions. 


As of May 2024, AbelZeta had a total of ten therapeutic  candidates. Four were being developed for hematology-related malignancies,  one for autoimmune diseases, and five for solid tumor indications. As of the same date, Its lead candidate, C-Car039 for the treatment of relapsed or refractory B-cell lymphoma was in the Phase 1/1B clinical testing stage. 


Key customers and partnerships


AbelZeta Pharma, then Cellular Biomedicine, signed a collaboration agreement with Janssen Biotech and Cellular Biomedicine Group In May 2023 to develop and manufacture CAR-T cell therapies for the treatment of B-cell malignancies. Through the partnership, Jansen would pay an upfront fee of USD 245 million, with additional milestone payments, based on agreeing to allow Jansen to license CBG’s CAR-T assets for treating B-cell malignancies globally, excluding China.


HQ location:
530 University Avenue Suite 17 Palo Alto CA USA
Founded year:
2009
Employees:
101-250
IPO status:
Public
Total funding:
USD 203.6 mn
Last Funding:
USD 120.0 mn (Series A; Sep 2021)
Last valuation:
-
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