2seventy bio (TSVT) Announces Key Milestones and Business Updates for 2022

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2seventy bio Shares Key Milestones and Business Updates for 2022

January 11, 2022 7:00 AM EST

ABECMA generated approximately $150M U.S. revenue in 2021, equally shared by 2seventy bio and Bristol Myers Squibb; anticipate continued ABECMA growth in 2022 with $250-300M U.S. revenue

bbT369 IND cleared - program tests three layers of innovation in B-NHL; achieved goal of two new INDs submitted and cleared by FDA in 2021; patient enrollment underway in studies in B-NHL and AML

New solid tumor CAR T program targeting MUC16 unveiled

Ended 2021 with approximately $360M cash, anticipate reduced net cash spend... More