BMS Inserts Cash Into Prime Medicine’s Gene-Editing Ambitions

An upfront payment of $110m from BMS has come just in time for Prime Medicine, but its real test will be the first Phase I data, expected early next year.

Prime Medicine gene editing company
(Shutterstock)

Next-generation gene editing company Prime Medicine has signed a research partnership with Bristol Myers Squibb to work on ex vivo T-cell therapies, providing it with some much-needed cash and a chance to demonstrate the potential of its platform.

The Cambridge, MA-based biotech unveiled the big pharma partnership and its $110m upfront payment (half of which is an equity...

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