bluebird bio, Inc. announced that it has received all necessary regulatory approvals for its acquisition by Carlyle and SK Capital. The merger is expected to close soon after the tender offer concludes on May 12, 2025. Stockholders will receive $3.00 per share upfront and a potential additional $6.84 per share upon meeting a sales milestone. bluebird's board unanimously supports the deal, stating it's the only viable option to provide value to shareholders, who are urged to tender their shares before the deadline. The acquisition aims to advance bluebird's gene therapies into the commercial setting.
Bluebird bio has developed two prominent gene therapies with distinct mechanisms of action:
Elivaldogene autotemcel (SKYSONA): This gene therapy targets cerebral adrenoleukodystrophy (CALD), a rare genetic disorder affecting the nervous system and adrenal glands. CALD is caused by mutations in the ABCD1 gene, leading to the accumulation of very long-chain fatty acids (VLCFAs) in the brain and adrenal glands. Eli-cel works by introducing a functional copy of the ABCD1 gene into a patient's own hematopoietic stem cells (HSCs). These modified HSCs are then infused back into the patient, where they engraft in the bone marrow and begin producing functional ALD protein. This protein helps break down VLCFAs, preventing their harmful buildup and halting disease progression. Specifically, eli-cel uses a lentiviral vector to deliver the ABCD1 gene into the patient's HSCs. This vector integrates the gene into the cell's DNA, allowing for long-term expression of the ALD protein.
Lovotibeglogene autotemcel (LentiGlobin for sickle cell disease): This gene therapy addresses sickle cell disease (SCD), a genetic blood disorder characterized by abnormal hemoglobin (HbS). HbS causes red blood cells to become rigid and sickle-shaped, leading to vaso-occlusive crises, hemolysis, and other complications. LentiGlobin works by adding a modified β-globin gene into a patient's HSCs. This modified gene produces an anti-sickling hemoglobin called HbA, which counteracts the effects of HbS. The modified HSCs are then reintroduced into the patient, where they produce red blood cells containing HbA, reducing sickling and improving blood flow. LentiGlobin also utilizes a lentiviral vector (BB305) to deliver the modified β-globin gene into the patient's HSCs. The increased production of HbA leads to a reduction in hemolysis (destruction of red blood cells) and a resolution of severe vaso-occlusive events.
In summary, both therapies involve ex vivo gene modification of a patient's own HSCs using lentiviral vectors. Eli-cel provides a functional copy of a missing gene (ABCD1) to correct the underlying genetic defect in CALD, while LentiGlobin adds a modified gene to produce an anti-sickling hemoglobin (HbA) in SCD, counteracting the effects of the disease-causing HbS.
Bluebird bio has developed or is developing gene therapies for the following indications:
It's important to note that the development and approval status of these therapies can change, and it's always best to consult the latest medical information for the most up-to-date details.