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Will the Orbital Acquisition Strengthen BMY's Cell Therapy Portfolio?

Key Takeaways Bristol Myers will acquire Orbital Therapeutics for 1.5billion.ThedealaddsOTX201,aninvivoCARTcelltherapyforautoimmunediseases.OrbitalsRNAplatformstrengthensBMYsprogrammableRNAtherapypipeline.BristolMyers(BMY)recentlyannouncedthatitwillacquireprivatelyheldbiotechnologycompanyOrbitalTherapeuticsfor1.5 billion.The deal adds OTX-201, an in vivo CAR T-cell therapy for autoimmune diseases.Orbital's RNA platform strengthens BMY's programmable RNA therapy pipeline.Bristol Myers (BMY) recently announced that it will acquire privately held biotechnology company Orbital Therapeutics for 1.5 billion in cash.The acquisition will add OTX-201, an investigational next-generation CAR T-cell therapy designed to reprogram cells in vivo with a potenti ...