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Home » Gene therapy efforts active, despite low Bluebird, 2seventy bids
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Gene therapy efforts active, despite low Bluebird, 2seventy bids

March 14, 2025
By Karen Carey
Bristol Myers Squibb Co.’s decision this week to snag Bluebird Bio Inc. spinout 2seventy Bio Inc. for $102 million net – just weeks after investors bid $30 million for Bluebird itself – seemed to place a final blow on what was once a promising gene therapy company. The space in general has struggled to make business sense out of the one-time therapies that often involve complicated manufacturing and exorbitant prices, despite the life-changing value that gene therapies bring to patients. But despite some recent setbacks, biopharmas continue to plow forward with promising research in the field.
BioWorld Clinical Deals and M&A Neurology/psychiatric Ocular Gene therapy Europe U.S.

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