Sonoma Bio Inks $75M Deal with Regeneron to Advance Cell Therapies Against Autoimmunity

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Seattle-area company, Sonoma Biotherapeutics has partnered with Regeneron in a $75 million upfront deal with plans to co-develop therapies to treat Crohn’s disease and other autoimmune conditions.

The $75 million deal has potential for $45 million in milestone payments to Sonoma. The companies will combine their technology to identify antibodies to be tested in T cell therapies that fight against Crohn’s, ulcerative colitis, and two undisclosed conditions.

“The Regeneron deal is going to give us a runway to a number of other disease areas,” said Jeff Bluestone, CEO and co-founder of Sonoma Biotherapeutics.

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