Cardio3 BioSciences acquires Celdara’s OnCyte division
Belgian biotech firmCardio3 BioSciences (Euronext Brussels: CARD) has acquired OnCyte, the oncology division of privately-held US biotechnology company Celdara Medical, and its portfolio of immuno-oncology product candidates.
The acquisition marks Cardio3 Biosciences’ entry into the rapidly growing and very promising field of immuno-oncology, positioning it at the forefront of the CAR T-Cell space and represents a significant step towards the firm’s strategic objective of developing into a world leader in cell therapy.
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