1

2seventy bio

#7745

Rank

$261.17M

Marketcap

US United States

Country

2seventy bio
Leadership team

Mr. Nick Leschly (Pres, CEO & Director)

Mr. William D. Baird III (Chief Financial Officer)

Ms. Nicola H. Heffron (Chief Operating Officer)

Products/ Services
Biotechnology, Genetics, Health Care, Therapeutics
Number of Employees
100 - 500
Headquarters
Cambridge, Massachusetts, United States
Established
2021
Company Registration
SEC CIK number: 0001860782
Revenue
20M - 100M
Traded as
TSVT
Social Media
Overview
Location
Summary
2seventy bio, Inc., a cell and gene therapy company, focuses on the research, development, and commercialization of treatments for cancer in the United States. Its products pipeline includes idecabtagene vicleucel; ide-cel or Abecma and bb21217; and CAR-T cell product candidates for the treatment of multiple myeloma. 2seventy bio, Inc. has a collaboration arrangement with Bristol-Myers Squibb Company. The company was incorporated in 2021 and is headquartered in Cambridge, Massachusetts.
History

The company was founded as Genetix Pharmaceuticals in April 1992 by MIT faculty members Philippe Leboulch and Irving London.In 2001, Walter Ogier was appointed chief executive officer of Genetix Pharmaceuticals, and the company was focused on the development of LentiglobinTM for the treatment of sickle cell disease and thalassemia major , the two most globally prevalent severe human genetic diseases.

In September 2010, preliminary results of clinical trials of LentiglobinTM at Hospital Necker in Paris, France, were published in the journal Nature by Drs. Marina Cavazzana-Calvo and Philippe Leboulch, scientific founder of Genetix Pharmaceuticals / bluebird bio. Stable transfusion independence had been successfully achieved by a patient with severe beta-thalassemia who had been treated with Lentiglobin 2 years earlier. This represented the first-ever long term correction of a major human genetic disease by gene therapy. Nature 467, 318–322

Also in September 2010, the company was renamed bluebird bio and Nick Leschly was named chief executive officer.In June 2013, the company became a public company via an initial public offering, raising $116 million.In June 2014, the company acquired Precision Genome Engineering Inc. for up to $156 million.In November 2017, Celgene, now Bristol-Myers Squibb , announced a collaboration with bluebird bio regarding bb2121 Anti-BCMA CAR-T Cell Therapy. In May 2020, the Food and Drug Administration issued a refusal to file letter to BMS and bluebird bio's marketing application seeking approval of idecabtagene vicleucel for patients with heavily pre-treated relapsed and refractory multiple myeloma. In September 2020, the FDA accepted bluebird's marketing application for ide-cel in and established a PDUFA goal date of March 27, 2021. US approval of ide-cel by March 31, 2021, is one of the required remaining milestones of the contingent value rights issued upon the close of Bristol Myers Squibb's purchase of Celgene in 2019. Ide-cel is a BCMA-directed genetically modified autologous CAR-T-cell immunotherapy.

In August 2018, the company announced a collaboration with Regeneron Pharmaceuticals to discover, develop and commercialize new cell therapies for cancer.On October 8, 2021, bluebird bio, Inc. announced the impending spinoff of a new public company 2seventy bio focused on oncology. The spin-off is expected to be completed by early November 2021. bluebird bio's corporate filing announced they have appointed Najoh Tita-Reid and Sarah Glickman to the bluebird bio board of directors. Ms. Glickman will be a member of the board of directors of 2seventy bio and will step down from the bluebird bio board of directors when the new arrangement goes into effect.

Mission
To pioneer the discovery, development, and commercialization of breakthrough medicines that save lives and improve health.
Vision
To be the global leader in the development of therapies and vaccines that address major life-threatening infectious diseases.
Key Team

Ms. Susan Abu-Absi Ph.D. (Chief Technology & Manufacturing Officer)

Dr. Philip D. Gregory D. Phil., DPHIL (Chief Scientific Officer)

Ms. Teresa L. Jurgensen J.D. (VP, Gen. Counsel & Corp. Sec.)

Ms. Kathleen A. Wilkinson (Head of People & Culture)

Mr. Kevin Chin M.D., M.S. (Head of Clinical Devel.)

Mr. Steven Shamah Ph.D. (Head of Oncology Research)

Ms. Jenn Snyder (Head of Corp. Affairs)

Recognition and Awards
In 2019, 2Eighty Bio was recognized by FierceBiotech as a ‘Company to Watch’ for its accomplishments in the field of infectious disease therapy. In 2020, 2Eighty Bio was awarded the ‘Breakthrough Award’ by the Global Health Council for its innovative approach to drug discovery, development, and commercialization.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

2seventy bio
Leadership team

Mr. Nick Leschly (Pres, CEO & Director)

Mr. William D. Baird III (Chief Financial Officer)

Ms. Nicola H. Heffron (Chief Operating Officer)

Products/ Services
Biotechnology, Genetics, Health Care, Therapeutics
Number of Employees
100 - 500
Headquarters
Cambridge, Massachusetts, United States
Established
2021
Company Registration
SEC CIK number: 0001860782
Revenue
20M - 100M
Traded as
TSVT
Social Media