Acquisition supports TQ Therapeutics’ development of ultra-short extracorporeal cell and gene therapy platform
MARTINSRIED, Germany, 28 May 2025 / Biotech Newswire / -- TQ Therapeutics GmbH (“TQx”), a biotechnology company dedicated to advancing the field of cellular therapies through innovative technologies, today announced the acquisition of Juno Therapeutics GmbH (“Juno GmbH”), a cell therapy company, through a share purchase agreement. Juno GmbH is a German subsidiary of Juno Therapeutics, Inc., which is a wholly owned subsidiary of the global biopharmaceutical company, Bristol Myers Squibb. The financial terms of the agreement were not disclosed.
TQx is transforming the traditional production of cell therapies towards a decentralized, scalable, fast and highly automated cost-efficient platform. The acquisition of Juno GmbH will increase TQx’s capabilities, expanding access to intellectual property and license agreements that will support the development of the company’s potentially transformative cell processing platform.
“This acquisition presents an incredible opportunity for us to continue development of our breakthrough ultra-short extracorporeal cell and gene therapy approach to create treatments of the future,” said Dr. Christian Eckert, CEO of TQx. “This strategic transaction reinforces our commitment to making cell and gene therapy broadly accessible to address the medical needs of many patients.”
About TQ Therapeutics GmbH
TQ Therapeutics is a biotechnology company dedicated to advancing the field of cellular therapies through innovative technologies. The company’s mission is to develop a transformative cell processing platform, enabling advanced and affordable treatments in CGT. This technology will deliver highly individualized cell therapies directly to the patient’s bed-side.
Contact
TQ Therapeutics GmbH
Christin Zündorf
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www.tqtherapeutics.com
https://www.linkedin.com/company/tq-therapeutics
Keywords: Cell- and Tissue-Based Therapy; Genetic Therapy; Biotechnology, Germany; TQ Therapeutics GmbH; TQx; Juno Therapeutics GmbH; acquisition; share purchase agreement; Juno Therapeutics, Inc.; Bristol Myers Squibb; cellular therapies; CGT (cell and gene therapy); ultra-short extracorporeal therapy; decentralized production; scalable; cell processing; intellectual property; license agreements; individualized cell therapies; Martinsried; Dr. Christian Eckert, CEO of TQx
Source: Biotech Newswire