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flag AstraZeneca buys EsoBiotec for up to $1 billion to expand its cancer cell therapy options.

flag AstraZeneca is acquiring EsoBiotec, a Belgium-based biotech company, for up to $1 billion. flag EsoBiotec specializes in cell therapies that enhance the immune system's ability to fight cancers. flag The acquisition aims to expand AstraZeneca's cell therapy offerings by leveraging EsoBiotec's ENaBL platform. flag The deal, subject to regulatory approvals, is expected to close by the second quarter of 2025, making EsoBiotec a wholly-owned subsidiary of AstraZeneca.

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