Celgene - About the company
Celgene is an acquired company based in Summit (United States), founded in 1986. It operates as a Developer of therapies for treating cancer and inflammatory diseases. Celgene has raised $45M in funding. The company has 622 active competitors, including 133 funded and 185 that have exited. Its top competitors include companies like Kite Pharma, Juno Therapeutics and ImmunoACT.
Company Details
Celgene is developing therapies for multiple myeloma, inflammatory diseases, and various forms of cancer. The company's lead molecule BCMA CAR T is used for treating multiple myeloma. The candidate is in phase II clinical study. Other candidates are in phase I and II, used for treating various cancers. In 2018, the company recorded annual revenues of $15.28B, and a net profit of $4.04B.
- Website
- celgene.com
Key Metrics
Founded Year
1986
Location
Summit, United States
Stage
Acquired
Total Funding
$45M in 8 rounds
Latest Funding Round
Investors
Ranked
61st among 622 active competitors
Employee Count
4,891 as on Dec 31, 2020
Similar Companies
Exit Details
Acquired by Bristol-Myers Squibb (Jan 03, 2019)
Legal entities associated with Celgene
Celgene is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Celgene CIN: - , Belgium, Active | - | 4891 (As on Dec 31, 2020) | - |
Celgene's acquisition details
Celgene got acquired by Bristol-Myers Squibb on Jan 03, 2019 at an acquisition amount of $74B. It was facilitated by Morgan Stanley, Citi, Evercore and 4 more.
Click here to take a look at Celgene's acquisition in detail
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Celgene's funding and investors
Celgene has raised a total funding of $45M over 8 rounds. Its first funding round was on Oct 26, 2008. Its latest funding round was a Post IPO round on Feb 10, 2018 for $*****. 1 investor participated in its latest round. Celgene has 14 institutional investors.
Here is the list of recent funding rounds of Celgene:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 10, 2018 | 5068744 | Post IPO | 1929719 | 8805730 | 3352941 | 4124100 |
Nov 01, 2017 | 1223464 | Conventional Debt | 9956388 | 9115350 | 1558262 | 6697411 |
Apr 13, 2015 | 3591480 | PE | 2469744 | 9518312 | 5662683 |
View details of Celgene's funding rounds and investors
Celgene's founders and board of directors
Founder? Claim ProfileCelgene's employee count trend
Celgene has 4,891 employees as of Dec 20. The total employee count is 14.0% lower than what it was in Dec 19. Here is Celgene's employee count trend over the years:
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Celgene's Competitors and alternates
Top competitors of Celgene include Kite Pharma, Juno Therapeutics and ImmunoACT. Here is the list of Top 10 competitors of Celgene, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kite Pharma 2009, Los Angeles (United States), Acquired | Developer of cancer immunotherapy products using genetic engineering | $97.7M | 75/100 | |
2nd | Juno Therapeutics 2013, Seattle (United States), Acquired | Global biopharmaceutical company discovering, developing, and delivering innovative medicines | $317M | 74/100 | |
3rd | Developer of cell and gene therapies for cancer treatment | $15.9M | 69/100 | ||
4th | Achilles Therapeutics 2016, London (United Kingdom), Public | Developer of T-cell therapies for cancer | $242M | 69/100 | |
5th | Cabaletta Bio 2017, Radnor (United States), Public | Developer of CAAR T cells for B cell-mediated autoimmune diseases | $88.3M | 67/100 | |
6th | Lyell Immunopharma 2018, San Francisco (United States), Public | Developer of CAR- T therapy for cancer treatment | $493M | 66/100 | |
7th | Cargo Therapeutics 2021, San Mateo (United States), Acquired | Developer of cell-based therapeutics for cancer treatment | $200M | 66/100 | |
8th | Autolus 2015, London (United Kingdom), Public | Developer of engineered T-cell immunotherapy for cancer and auto-immune diseases | $181M | 65/100 | |
9th | Iovance 2007, San Carlos (United States), Public | Developer of T-cell therapies for the treatment of cancer | - | 65/100 | |
10th | CG Oncology 2010, Irvine (United States), Public | Developer of immunotherapeutic agents for treating cancer | $318M | 64/100 | |
61st | Celgene 1986, Summit (United States), Acquired | Developer of therapies for treating cancer and inflammatory diseases | $45M | 56/100 |
Looking for more details on Celgene's competitors? Click here to see the top ones
Celgene's Investments and acquisitions
Celgene has made 68 investments in companies including Cyteir and Anokion. Celgene has also acquired 11 companies including Delinia and Acetylon.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 14, 2019 | Investments | 2012 | Cambridge (United States) | |
Sep 11, 2019 | Investments | 2010 | Ecublens (Switzerland) | |
Aug 21, 2019 | Investments | 2016 | Cambridge (United States) |
See all investments and acquisitions by Celgene
Reports related to Celgene
Here is the latest report on Celgene's sector:
News related to Celgene
•
Viatris appoints Scott A. Smith to succeed CEO Michael Goettler, effective April 1Seeking Alpha•Feb 27, 2023•Viatris, Celgene, Bristol-Myers Squibb
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ADC Therapeutics Appoints Jean-Pierre Bizzari, MD, to Board of DirectorsBusiness Wire•Jul 01, 2022•ADC Therapeutics, Celgene
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Bristol-Myers Squibb bid to dismiss $6.4B lawsuit from Celgene shareholders deniedSeeking Alpha•Jun 25, 2022•Bristol-Myers Squibb, Celgene
•
Landos Biopharma names industry veteran Gregory Oakes as new president and CEOSeeking Alpha•Jun 21, 2022•Landos Biopharma, Vifor Pharma Benelux, Amgen, Celgene and 1 other
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Anavo Therapeutics Announces the Appointment of Charles McDermott as Chairman of the BoardBusiness Wire•Dec 09, 2021•Anavo Therapeutics, Celgene
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Alan Colowick, M.D. Is Appointed to the BOD of Harpoon TherapeuticsMedical Device News•Mar 25, 2021•Harpoon Therapeutics, Celgene
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Cadila Healthcare, U.S. Arm Reach Patent Litigation Settlement For RevlimidBloombergQuint•Mar 24, 2021•Zydus Life, Celgene, Revlimid, Zydus Cadila
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