IASO Biotechnology announced the completion of its acquisition of MediSix Therapeutics, a Singapore-based immune cell engineering and cell therapy company.
This acquisition marks a step in IASO Bio's globalization strategy, integrating MediSix's differentiated T-cell engineering platform, R&D pipeline, and international talent IASO Bio's cell therapy. manufacturing and commercialization capabilities to further strengthen and accelerate its global R&D and operational systems.
Zhang Jinhua, Founder, Chairwoman and CEO of IASO Bio, stated: "This acquisition represents a major milestone in the company's globalization strategy. MediSix has an outstanding scientific team and a differentiated PEBL technology platform with unique advantages in T-cell malignancies and AML that strongly complement IASO Bio's existing pipeline. Following this acquisition, MediSix will continue to develop follow-on products leveraging its unique platform, while harnessing IASO Bio's cost advantages and execution efficiency in CMC and clinical development to accelerate its international development. Furthermore, the addition of MediSix's international team will significantly enhance the company's R&D capabilities, talent attraction, and global collaboration network in the cell therapy field. We believe that through deep synergies between the two teams, we will accelerate the development of innovative cell therapy products and bring breakthrough therapies to more patients worldwide."
Mike Carusi, Chairman of MediSix and Managing Partner of Lightstone Ventures, stated: "On behalf of MediSix and its investors, we are delighted to see MediSix join forces with IASO Bio. IASO Bio brings a proven full-process platform, deep CMC and clinical development expertise, and a demonstrated track record of advancing a CAR-T therapy from the laboratory to commercial approval — a strong complement to MediSix's PEBL platform and T-cell engineering strengths. On this foundation, we expect MediSix's clinical programmes to accelerate, with the combined capabilities of both companies offering significant value over the long term."
Khoo Shih, CEO of ClavystBio, stated: "We see the strengths of MediSix and IASO Bio as highly complementary, with strong cross-border synergies, and believe the combined company can bring innovative cell therapies to patients around the world faster and at a greater scale."