JP Morgan Conference Generates Blockbuster $350 Million Cell & Gene Therapy Deal Announcement

<span class="legendSpanClass">Deal Targets Growing Multibillion Dollar Global Cell & Gene Therapy Market</span>
Published: Jan. 11, 2022 at 12:33 PM MST

KING OF PRUSSIA, Pa., Jan. 11, 2022 /PRNewswire/ --

What:

Ø  South Korea conglomerate, SK, Inc., and the Center for Breakthrough Medicines announce landmark deal at 40th annual JP Morgan Healthcare Conference

Ø  SK's $350MM investment in the Philadelphia-based Center for Breakthrough Medicines transforms the global cell & gene therapy landscape

Ø  Blockbuster deal solidifies Philadelphia as "Cellicon Valley;" strengthens Philadelphia as a global hub for cell & gene therapy research, development and manufacturing

Ø  Deal sets stage for massive hiring in the Philadelphia region

When:

Ø  This historical deal officially closed yesterday and was announced here.

Interviews Available:

Ø  CBM and SK c-suite executives are available for interviews.

Contact:
Ø  For more information and to arrange interviews:

John F. Kouten
DeFazio Communications
O - 609-241-7352
M – 908-227-4714
john@defaziocommunications.com

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SOURCE Center for Breakthrough Medicines

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