asklepios biopharmaceutical bayer

The platform represents one of the most advanced gene therapy platforms with the promise to also tackle polygenetic indications thereby also helping a larger number of patients. “As part of our strategy, we are building new therapeutic platforms including cell and gene therapies,” said Stefan Oelrich, Member of the Board of Management, Bayer AG and President of the Bayer’s Pharmaceuticals Division. Viralgen was acquired by Bayer upon closing of Bayer's $4-billion acquisition of AskBio in 2020. AskBio's full name is Asklepios BioPharmaceutical. +49 30 468-193 178Sarah-Christine.Wanner@bayer.com, AskBio Found insideThis book provides an overview on the basics in insect molecular biology and presents the most recent developments in several fields such as insect genomics and proteomics, insect pathology and applications of insect derived compounds in ... “Our innovation in capsid re-engineering and promoter design, coupled with our scaled manufacturing processes, gives us the tools to provide gene therapy solutions to more people suffering from a wider spectrum of disease that is not being adequately treated today,” said Dr. Richard Jude Samulski, Chief Scientific Officer and Co-Founder of AskBio. AskBio’s development portfolio includes investigational pre-clinical and clinical stage candidates for the treatment of neuromuscular, central nervous system, cardiovascular and metabolic diseases. Some 75 percent of the potential success-based milestone payments are expected to be due during the course of the next five years and the remaining amount late thereafter. An early innovator in the space, the company holds more than 500 patents in areas such as AAV production and chimeric and self-complementary capsids. Bayer is making clear its ambitions in cell and gene therapy with a $4 billion acquisition of US biotech Asklepios BioPharmaceutical, also known as AskBio. About Bayer The German pharma giant paid $2 billion for the initial purchase of the adeno associated virus gene therapy company. Hyderabad, Telangana, India. Bayer AG today announced the acquisition of Asklepios BioPharmaceutical, Inc. (AskBio), a US-headquartered biopharmaceutical company specialized in th Deal value: $2 . Bayer is committed to the principles of sustainable development, and the Bayer brand stands for trust, reliability and quality throughout the world. What an exciting week visiting our new Bayer Pharmaceuticals colleagues at Asklepios BioPharmaceutical, Inc. (AskBio) in RTP, NC for the first… Recomendado por Regina Toledo Arbesú #Innovation that matters: BlueRock, Bayer & AskBio advance together in the treatment of #Parkinson's disease #TeamBayer This is an introductory text to gene therapy, an expanding area of research with current and potential applications in many different areas of medicine. Volker Hartmann/Getty Images. We want to help patients whose medical needs are not yet met by today’s treatment options, and we are looking forward to pursuing this important work with the AskBio team.”. Found insideFifteen specialists serve as chapter authors, covering sex hormones and genetics, as well as the social, cultural, psychiatric, and psychological factors that contribute to headache disorders. AskBio’s gene therapy platform includes an industry-leading cell line manufacturing process and an extensive AAV capsid and promoter library. Under the terms of the agreement, Bayer will pay upfront consideration of USD 2 billion and potential success-based milestone payments of up to USD 2 billion. Bayer and The Asklepios BioPharmaceutical (AskBio) Purchase. Viralgen was formed in 2017 as a joint venture between Asklepios BioPharmaceutical (AskBio), a Research Triangle Park, North Carolina-based clinical-stage gene-therapy company, and Columbus Venture Partners. German pharmaceutical company Bayer AG announced today it's buying the biopharmaceutical company Asklepios BioPharmaceutical, Inc. (AskBio) in a multibillion . “With this acquisition, Bayer significantly advances the establishment of a cell and gene therapy platform that can be at the forefront of breakthrough science, contributing to preventing or even curing diseases caused by gene defects and further driving company growth in the future.” A sweeping history of the discovery of the world's first antibiotic, sulfa, and its seminal influence on the fields of medicine and science looks at key figures in the battle against disease, how sulfa changed the way in which doctors ... Bayer to Buy Gene Therapy Company AskBio. Closing of the transaction is contingent upon customary closing conditions, including receipt of the required regulatory approvals, and is expected to take place during the fourth quarter of 2020. Credit Suisse is serving as financial advisor to Bayer, while Baker McKenzie is serving as legal counsel. Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Our scientific successes are intended to help improve people’s lives. “In line with our purpose ‘science for a better life,’ we are committed to bringing significant improvements for patients through innovation,” said Werner Baumann, Chairman of the Board of Management (CEO) of Bayer AG. Founded in 2001, Asklepios BioPharmaceutical, Inc. (AskBio) is a privately held, clinical-stage gene therapy company dedicated to improving the lives of children and adults with genetic disorders. AskBio, which will remain an independent entity, has a portfolio that comprises early and clinical stage gene therapies to treat neuromuscular, neurologic . AskBio's development portfolio includes investigational pre-cliniacal and clinical stage candidates for the treatment of . Research Triangle Park, It complements its 2019 acquisition of BlueRock Therapeutics and advances Bayer’s efforts to create platforms with the potential to have an impact in multiple therapeutic areas. The acquired company specializes in gene therapies in various therapeutic areas. Bayer, together with BlueRock Therapeutics and Asklepios BioPharmaceutical, Inc. (AskBio), are advancing two… Geteilt von Matthias Grzegorzewski +++ Breaking News +++ Bayer to advance two first-of-its-kind cell and gene therapies for Parkinson's disease - the most common neurodegenerative… JP Morgan is serving as financial advisor to AskBio, while Ropes & Gray is serving as legal counsel. “In line with our purpose ‘science for a better life’, we are committed to bringing significant improvements for patients through innovation,” said Werner Baumann, Chairman of the Board of Management (CEO) of Bayer AG. Found insideThe scope of this book is based on the conference, and deals not only with recent advances in bioseparation engineering in a narrow sence, but also the environmental engineering which includes waste water treatment and bioremediation. Found insideTherefore, the topic-related series Topics in Medicinal Chemistry covers all relevant aspects of drug research, e.g. pathobiochemistry of diseases, identification and validation of (emerging) drug targets, structural biology, drugability of ... Nov 2018 - Apr 20212 years 6 months. Through the acquisition, Bayer will add an industry-leading adeno-associated virus (AAV)-based gene therapy platform to its portfolio, which has already demonstrated applicability across different therapeutic areas. Asklepios BioPharmaceutical, Inc. (AskBio) will become part of Bayer after the relevant permits have been granted. We want to help patients whose medical needs are not yet met by today’s treatment options and we are looking forward to work together with the team at AskBio.” AskBio’s development portfolio includes investigational pre-clinical and clinical-stage candidates for the treatment of neuromuscular, central nervous system, cardiovascular and metabolic diseases. Its products and services are designed to benefit people by supporting efforts to overcome the major challenges presented by a growing and aging global population. Bayer has announced the acquisition of US-headquartered cell and gene therapy specialist Asklepios BioPharmaceutical (AskBio) in a deal worth $4bn. Le géant allemand a annoncé lundi 26 octobre le rachat de la société américaine non cotée Asklepios BioPharmaceutical . What an exciting week visiting our new Bayer Pharmaceuticals colleagues at Asklepios BioPharmaceutical, Inc. (AskBio) in RTP, NC for the first… Liked by Nik Avdalis Penny Dixon has stood in the patient's shoes, seen her name as a number on a clipboard. Read more about our economic, ecological and social challenges and opportunities. Bayer is an innovation company with a more than 150-year history. To preserve its entrepreneurial culture as an essential pillar for nurturing successful innovation, AskBio will continue to operate as an independent company on an arm’s-length basis. AskBio is an unusually large, privately held gene therapy developer with a wide reach. Some 75 percent of the potential milestone-based contingent payments are expected to be due during the course of the next five years and the remaining amount thereafter. Liked by Karla McInnes. The firms have collaborated in the past, and each has notable experience in the gene and cell therapy spaces. The acquisition is the third largest buyout of a home-grown North Carolina bioscience company, trailing Salix's acquisition . The deal, which features an additional $2 billion in milestones, will give Bayer control of an adeno . Vice President, Communications TPG Capital and Vida Ventures invested in AskBio in 2019 and have worked with the company to advance and expand clinical trials, enhance its manufacturing capabilities and drive long-term growth. Suite 110 AskBio maintains a portfolio of clinical programs across a range of neuromuscular, central nervous system, cardiovascular and metabolic disease indications with a current clinical pipeline that includes therapeutics for Pompe disease, Parkinson’s disease and congestive heart failure, as well as out-licensed clinical indications for hemophilia and Duchenne muscular dystrophy. Bayer is committed to the principles of sustainable development, and the Bayer brand stands for trust, reliability and quality throughout the world. The addition of AskBio to Bayer’s emerging cell and gene therapy (CGT) business strengthens Bayer’s commitment to the field. The platform represents one of the most advanced gene therapy platforms with the promise to also tackle polygenetic indications thereby also helping a larger number of patients. Bayer AG acquired Asklepios BioPharmaceutical, Inc., a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different . Found insideAn overview of baculoviruses. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Berlin, Germany and Research Triangle Park, N.C. – October 26, 2020 – Bayer AG and Asklepios BioPharmaceutical, Inc. (AskBio) today announced an agreement under which Bayer will acquire AskBio, a U.S.-headquartered biopharmaceutical company specializing in the research, development and manufacturing of gene therapies across different therapeutic areas. Bayer AG has agreed to buy the U.S. biotech company Asklepios BioPharmaceutical for as much as $4 billion, the companies announced. “With this acquisition, Bayer significantly advances the establishment of a cell and gene therapy platform that can be at the forefront of breakthrough science contributing to, preventing, or even curing diseases caused by gene defects and further driving company growth in the future.”, “As part of our strategy, we are building new therapeutic platforms including cell and gene therapies,” said Stefan Oelrich, Member of the Board of Management, Bayer AG and President of Bayer’s Pharmaceuticals Division. This book provides a comprehensive and meaningful picture of this oncological area, including epidemiology, histopathology, staging, genetic predisposition, sexual function, fertility, treatment and management, survivorship, and palliative ... “As an emerging leader in the rapidly advancing field of gene therapies, the expertise and portfolio of AskBio supports us in establishing highly innovative treatment options for patients and further strengthens our portfolio. Working in the intriguing intersection of business and technology projects, involved extensively in business transformation projects and strategic . “As an emerging leader in the rapidly advancing field of gene therapies, AskBio’s expertise and portfolio support us in establishing highly innovative treatment options for patients and further strengthen our portfolio. What an exciting week visiting our new Bayer Pharmaceuticals colleagues at Asklepios BioPharmaceutical, Inc. (AskBio) in RTP, NC for the first… Beliebt bei christian dede With over 3 Billion people lacking access to daily healthcare, selfcare is a key enabler to improve health and addresses the United Nations'… Foto [citation needed]The headquarters and most production facilities moved from Barmen to a larger area in . At the same time, the Group aims to increase its earning power and create value through innovation and growth. Bayer AG was founded as a dyestuffs factory in 1863 in Barmen (later part of Wuppertal), Germany, by Friedrich Bayer and his partner, Johann Friedrich Weskott, a master dyer. Germany. Found insideProtein fractionation, on the other hand, is a challenging proposition and is definitely a more recent development. This book focuses primarily on protein fractionation./a Some 75 percent of the potential milestone-based contingent payments are expected to be due during the course of the next five years and the remaining amount thereafter. You should not place undue reliance on the forward-looking statements contained in this press release. Besides multiple clinical-stage assets for indications with high unmet need, the acquisition includes a state-of-the-art gene therapy technology platform as well as existing gene therapy manufacturing platform. Found inside – Page 131... 6 Apoptosis, 76 Archaeoglobusfulgidus, CRISPR loci in, 5 Arrayed libraries, 73 Asklepios BioPharmaceuticals, 118. B. Bayer, 118 Beta thalassemia, 121 BFP expression, 59 Biomedical product promotion, 118 BioPharma industry, ... Fuchsine and aniline became the company's most important products. This area provides news, videos and publications, as well as overviews of social media channels and mobile apps of the Bayer Group. AskBio's development portfolio includes investigational pre-clinical and clinical stage candidates for the treatment of neuromuscular, central . AskBio’s existing minority shareholders, TPG Capital and Vida Ventures, supported the transaction. In The Moment of Clarity, Christian Madsbjerg and Mikkel Rasmussen examine the business world’s assumptions about human behavior and show how these assumptions can lead businesses off track. But the authors chart a way forward. Found insideFor developing countries the identification and use of endogenous medicinal plants as cures against cancers has become attractive. Books on drug discovery will play vital role in the new era of disease treatment using natural products. Bayer AG reported the acquisition of Asklepios BioPharmaceutical, Inc. to broaden innovation base in pre-clinical and clinical stage candidates for the treatment of neuromuscular, central nervous . Semi-annual literary magazine. With a breakthrough technique developed by founder Dr. Richard Jude Samulski, AskBio uses a non-pathogenic virus as a vehicle to deliver . Found inside – Page 333He has consulted for Asklepios BioPharmaceutical, for Chatham LLC, and for Baxter Healthcare and has received payment for consultation, services, and speaking and has in addition consulted for Bayer, CSL Behring, and Pfizer. An early innovator in the space, the company holds more than 500 patents in areas such as AAV production and chimeric and self-complementary capsids. Except as may be required by law, neither Bayer nor AskBio undertakes any obligation to publicly update any of these forward-looking statements based on events or circumstances after the date hereof. These forward-looking statements involve risks and uncertainties, many of which are beyond the control of Bayer and AskBio, respectively. Bayer will pay $2 billion upfront with a potential for another $2 billion in milestone payments. The deal allows Bayer to acquire full rights of Asklepios' adeno-associated virus (AAV)-based gene therapy platform and contract development and manufacturing organisation (CDMO). The acquired company specializes in gene therapies in various therapeutic areas. Any of the foregoing risks could materially and adversely affect the AskBio business and results of operations. Under the deal, AskBio will get an upfront payment of $2bn from Bayer and is eligible for success-based milestone payments of up to $2bn. Asklepios BioPharmaceutical, Inc. (AskBio), a wholly owned and independently operated subsidiary of Bayer AG acquired in 2020, is a fully integrated AAV gene therapy company dedicated to . Milliardenübernahme: Bayer kauft Asklepios Biopharmaceutical - Bayer-Aktie steigt. As a result of the acquisition, Bayer will own AskBio’s gene therapy platform, including a broad intellectual property portfolio and established contract development and manufacturing organization (CDMO), laying the foundation for future partnerships in the area of adeno-associated virus (AAV) therapies. With our distinctive knowledge of people, animals and plants, we focus on the areas of health care and nutrition. Bayer AG today announced the acquisition of Asklepios BioPharmaceutical, Inc. (AskBio), a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different therapeutic areas. Berlin, Germany, October 26, 2020 - Bayer AG today announced the acquisition of Asklepios BioPharmaceutical, Inc. (AskBio), a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different therapeutic areas. Bayer AG acquired Asklepios BioPharmaceutical, Inc., a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different . Milliardenübernahme: Bayer kauft Asklepios Biopharmaceutical - Bayer-Aktie steigt. 26th October 2020. by. BAYER ACQUIRES ASKLEPIOS BIOPHARMACEUTICAL TO BROADEN INNOVATION BASE IN CELL AND GENE THERAPY Oct. 26, 2020 Source: Bayer news release Berlin, Germany - Bayer AG today announced the acquisition of Asklepios BioPharmaceutical, Inc. (AskBio), a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different therapeutic areas. German headquartered Bayer conmfirmed the acquisition of Asklepios BioPharmaceutical, a US-based biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different therapeutic areas.. Asklepios's development portfolio includes investigational pre-clinical and clinical stage candidates for the treatment of neuromuscular, central nervous . AskBio’s gene therapy platform includes Pro10™, an industry-leading cell line manufacturing process, and an extensive AAV capsid and promoter library. Capital expenditures amounted to 2.6 billion euros, R&D expenses to 5.2 billion euros. Found insidewie sciences in briei FELIZA MIRASOL BAYER HEALTHCARE LLC will collaborate with Asklepios Biopharmaceutical Inc. ( AskBio ) , a private development - stage biotechnology company , to evaluate gene therapy treatment for hemophilia B. Berlin, Germany, October 26, 2020 – Bayer AG today announced the acquisition of Asklepios BioPharmaceutical, Inc. (AskBio), a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different therapeutic areas. Asklepios BioPharmaceutical, Inc. (AskBio), a wholly owned and independently operated subsidiary of Bayer AG acquired in 2020, is a fully integrated AAV gene therapy company dedicated to . +++ #NEWS +++ #Bayer is building a leading position in #genetherapy and acquires Asklepios BioPharmaceutical, Inc. (AskBio) to bring urgently needed…. This week, German big pharma Bayer announced a €3.5B takeover of Asklepios BioPharmaceutical, a well known US gene therapy specialist. Bayer AG The deal values AskBio, founded . TPG Capital and Vida Ventures invested in AskBio in 2019 and have worked with the company to advance and expand clinical trials, enhance its manufacturing capabilities and drive long-term growth. AskBio is a biopharmaceutical company specializing in the research, development and manufacturing of gene therapies across different therapeutic areas - Bayer's newest addition to the C&GT platform. In June 2021, Bayer's another wholly owned subsidiary, Asklepios BioPharmaceutical, announced that a parallel gene therapy program, also targeted at providing advanced therapies for PD, is . Through the acquisition, Bayer will add an industry-leading adeno-associated virus (AAV)-based gene therapy platform to its portfolio, which has already demonstrated applicability across different therapeutic areas. Bayer's AskBio Acquisition Strong Statement For Gene Therapy in Europe. Bayer will acquire Asklepios BioPharmaceutical (AskBio) Bayer AG has announced its intention to acquire a biopharmaceutical company based in the USA. Closing of the transaction is contingent upon customary closing conditions, including receipt of the required regulatory approvals, and is expected to take place during the fourth quarter of 2020. Credit Suisse is serving as financial advisor to Bayer, while Baker McKenzie is serving as legal counsel. Oct. 26 2020, Updated 10:57 a.m. Easter Bush Campus These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. Found inside – Page 664 Crucell .58 Inyx .. .58 Onyx .68 Sigma Pharma ..69 Asklepios BioPharmaceutical ..42 CSC Pharmaceuticals .69 Ionix ... 5,56 Dor Biopharma .24 Julich Fine Chemicals Polychromix Thermo Electron .63 .62 Bayer .52,68 Dow Chemical Co. .61 ... Bayer reached an agreement to acquire Asklepios BioPharmaceutical (AskBio), including its clinical program of ACT-101, an experimental one-time gene therapy for late-onset Pompe disease. Asklepios BioPharmaceutical, Inc. (AskBio) will become part of Bayer after the relevant permits have been granted. To preserve its entrepreneurial culture as an essential pillar for nurturing successful innovation, AskBio will continue to operate as an independent company on an arm’s-length basis. AskBio's portfolio includes pre . Milliardenübernahme: Bayer kauft Asklepios Biopharmaceutical - Bayer-Aktie steigt. Found insideThis book examines BASF's corporate governance, financial system, industrial relations, system of qualification and relation to other companies. October 2020- Bayer has struck a deal to acquire Asklepios BioPharmaceutical for $2 billion upfront. German health care company Bayer says it is buying Asklepios BioPharmaceutical, a U.S.-based firm specializing in gene therapy, in a deal worth up to $4 billion By The Associated Press October 26 . - Acquisition fuels Bayer’s cell and gene therapy platform with potential to bring urgently needed treatments to patients across multiple disease areas with high unmet need -, - AskBio's industry leading AAV-based gene therapy platform already yielding commercial and clinical-stage assets with the potential to help larger patient populations -, - Portfolio includes pre-clinical and clinical-stage development candidates for the treatment of neuromuscular, central nervous system, cardiovascular and metabolic diseases such as Pompe disease, Parkinson’s disease and congestive heart failure, as well as out-licensed clinical candidates for hemophilia and Duchenne muscular dystrophy -, - Acquisition secures additional revenue-generating CDMO based on highly efficient Pro10™ cell line -, - AskBio to operate autonomously and on an arm’s-length basis -, - Purchase price of USD 2 billion upfront and up to USD 2 billion in success-based milestone payments -. 26.10.2020 17:53. Bayer was responsible for the commercial tasks. “Our innovation in capsid re-engineering and promoter design, coupled with our scaled manufacturing processes, gives us the tools to provide gene therapy solutions to more people suffering from a wider spectrum of diseases not being adequately treated today,” said R. Jude Samulski, PhD, Chief Scientific Officer and Co-Founder of AskBio. Robin Fastenau About AskBioFounded in 2001, Asklepios BioPharmaceutical, Inc. (AskBio) is a privately held, clinical-stage gene therapy company dedicated to improving the lives of children and adults with genetic disorders. Bayer AG today announced the acquisition of Asklepios BioPharmaceutical, Inc. (AskBio), a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of . Alexander Drive The platform represents one of the most advanced gene therapy platforms with the promise to also tackle polygenetic indications thereby also helping a larger number of patients. The company was formed in 2001 by Samulski, a UNC scientist and pioneer in the development of gene therapy delivery tools known as adeno-associated viruses, or AAVs. 26.10.2020 17:53. Under the terms of the agreement, Bayer will pay an upfront consideration of USD 2 billion and potential success-based milestone payments of up to USD 2 billion. Bayer has announced the acquisition of US-headquartered cell and gene therapy specialist Asklepios BioPharmaceutical (AskBio) in a deal worth $4bn. About AskBio The company has generated hundreds of proprietary third generation AAV capsids and promoters that offer differentiation through potentially improved efficacy, immune response and tissue and organ specificity. Learn more at https://www.askbio.com. About BayerBayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Sarah-Christine Wanner © 2021 Tarrant Capital IP, LLC, All Rights Reserved. Found insideOriginally published in 1995, The History of Pharmacy is a critical bibliography of selected information on the history of pharmacy. The book is designed to guide students and academics through the history of science and technology. Capital expenditures amounted to 2.6 billion euros, R&D expenses to 5.2 billion euros. Learn more about Bayer and the opportunities available. Do you have any queries or comments about our website, our products or any of our services? Asklepios BioPharmaceutical (), a gene therapy company born in Chapel Hill 19 years ago and supported in its early years by the North Carolina Biotechnology Center, will be acquired by Bayer AG, the German healthcare and agriculture conglomerate, for up to $4 billion.. The company has generated hundreds of proprietary third-generation AAV capsids and promoters that offer differentiation through potentially improved efficacy, immune response and tissue and organ specificity. Found insideThis comprehensive book encompasses various facets of sterile product development. Asklepios BioPharmaceutical, Inc. (AskBio), a wholly owned and independently operated subsidiary of Bayer AG acquired in 2020, is a fully integrated AAV gene therapy company dedicated to developing life-saving medicines that cure genetic diseases. AskBio is a leading, clinical-stage gene therapy company dedicated to developing AAV gene therapies for genetic and complex disorders. Learn more at https://www.askbio.com. “With Bayer‘s worldwide reach and translational expertise, especially in pathway diseases, our combined cultures of scientific advancement and commitment to patients, along with the retention of AskBio’s independent structure, position us to provide accelerated development of gene therapies to treat more patients who can benefit from them,” said Sheila Mikhail, CEO and Co-Founder of AskBio. AskBio’s gene therapy platform includes an industry-leading proprietary cell line manufacturing process called Pro10™ and an extensive adeno-associated virus (AAV) capsid and promoter library. Bayer AG today announced the acquisition of Asklepios BioPharmaceutical, Inc. (AskBio), a US-headquartered biopharmaceutical company specialized in the research, development and manufacturing of gene therapies across different therapeutic areas. Found insideIt is a key component of most chemical engineering/biotechnology/bioprocess engineering programmes. This book discusses the underlying principles of bioseparations engineering written from the perspective of an undergraduate course. “With Bayer’s worldwide reach and translational expertise, especially in pathway diseases, our combined cultures of scientific advancement and commitment to patients, along with the retention of AskBio’s independent structure, position us to provide accelerated development of gene therapies to treat more patients who can benefit from them,” said Sheila Mikhail, CEO and Co-Founder of AskBio. That . Bayer Acquires Asklepios BioPharmaceutical to Broaden Innovation Base in Cell and Gene Therapy * Acquisition fuels Bayer's cell and gene therapy platform with potential to bring urgently needed . Looking for a job in an innovative company? Bayer will broaden its innovation base in cell and gene therapy with the acquisition of Asklepios BioPharmaceutical (AskBio): a US biotech working in gene therapies across different therapeutic areas. Asklepios Biopharmaceutical, Inc. and Bayer Healthcare, LLC Announce Collaboration on Gene Therapy for the Treatment of Hemophilia May 18, 2005 08:01 AM Eastern Daylight Time Bayer has agreed to acquire gene therapy developer Asklepios BioPharmaceutical (AskBio) for up to $4 billion—half of that in upfront cash—in a deal signaling the buyer's intent to expand its . These forward-looking statements include statements regarding the proposed transaction with Bayer, including the expected timing of the completion of the transaction; the outlook for AskBio’s business, AskBio’s pipeline of development candidates and goal of developing life-saving medicines aimed at curing genetic diseases; and the potential benefits of AskBio’s development candidates to patients. The acquisition of US-headquartered cell and gene therapy developer with a breakthrough developed... Committed to the principles of sustainable development, and each has notable in! 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