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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.
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Key Metrics
Founded Year
1986
Location
Summit, United States
Stage
Acquired
Total Funding
$45M in 8 rounds
Latest Funding Round
Ranked
Employee Count
4,891 as on Dec 31, 2020
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Bristol-Myers Squibb (Jan 03, 2019)

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:lockFilter 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
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Celgene's founders and board of directors

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Celgene'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:
Employee count trend for Celgene
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kite Pharma
Kite Pharma
2009, Los Angeles (United States), Acquired
Developer of cancer immunotherapy products using genetic engineering
$97.7M
75/100
2nd
Logo for Juno Therapeutics
Juno Therapeutics
2013, Seattle (United States), Acquired
Global biopharmaceutical company discovering, developing, and delivering innovative medicines
$317M
74/100
3rd
Logo for ImmunoACT
ImmunoACT
2018, Mumbai (India), Series B
Developer of cell and gene therapies for cancer treatment
$15.9M
69/100
4th
Developer of T-cell therapies for cancer
$242M
69/100
5th
Logo for Cabaletta Bio
Cabaletta Bio
2017, Radnor (United States), Public
Developer of CAAR T cells for B cell-mediated autoimmune diseases
$88.3M
67/100
6th
Logo for Lyell Immunopharma
Lyell Immunopharma
2018, San Francisco (United States), Public
Developer of CAR- T therapy for cancer treatment
$493M
66/100
7th
Logo for Cargo Therapeutics
Cargo Therapeutics
2021, San Mateo (United States), Acquired
Developer of cell-based therapeutics for cancer treatment
$200M
66/100
8th
Logo for Autolus
Autolus
2015, London (United Kingdom), Public
Developer of engineered T-cell immunotherapy for cancer and auto-immune diseases
$181M
65/100
9th
Logo for Iovance
Iovance
2007, San Carlos (United States), Public
Developer of T-cell therapies for the treatment of cancer
-
65/100
10th
Logo for CG Oncology
CG Oncology
2010, Irvine (United States), Public
Developer of immunotherapeutic agents for treating cancer
$318M
64/100
61st
Logo for Celgene
Celgene
1986, Summit (United States), Acquired
Developer of therapies for treating cancer and inflammatory diseases
$45M
56/100
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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:lockFilter 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)
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See all investments and acquisitions by Celgene

Reports related to Celgene

Here is the latest report on Celgene's sector:

News related to Celgene

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