Biochemical Engineering

AstraZeneca to Acquire EsoBiotec, Boosting Cell Therapy Portfolio

AstraZeneca to Acquire EsoBiotec, Boosting Cell Therapy Portfolio

21st March 2025

AstraZeneca has an agreement in place to acquire Belgium-based EsoBiotec, a biotechnology company specializing in in-vivo cell therapies. The acquisition was announced by AstraZeneca on March 17, 2025. EsoBiotec’s operations will continue in Belgium, with the company becoming a wholly owned subsidiary of AstraZeneca. According to an AstraZeneca press release, the acquisition involves an initial payment of $425 million by AstraZeneca upon the closing of the deal. Source: Biopharm International 21/3/2025


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