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flag Bristol-Myers Squibb acquires Orbital Therapeutics for up to $1.5 billion to boost its cancer cell therapy pipeline.

flag Bristol-Myers Squibb has agreed to acquire Cambridge-based biotech Orbital Therapeutics in a deal valued at up to $1.5 billion, including upfront and potential milestone payments. flag The acquisition expands Bristol-Myers' cell therapy pipeline, adding Orbital’s investigational CAR-T therapies targeting solid tumors. flag The deal, announced on October 10, 2025, marks a significant move in the company’s strategy to strengthen its oncology portfolio with next-generation immunotherapies.

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