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1. Company Snapshot

1.a. Company Description

2seventy bio, Inc., a cell and gene therapy company, focuses on the research, development, and commercialization of treatments for cancer in the United States.Its products pipeline includes idecabtagene vicleucel; ide-cel or Abecma and bb21217; and CAR-T cell product candidates for the treatment of multiple myeloma.2seventy bio, Inc.


has a collaboration arrangement with Bristol-Myers Squibb Company.The company was incorporated in 2021 and is headquartered in Cambridge, Massachusetts.

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1.b. Last Insights on TSVT

The recent 3-month performance of 2seventy bio, Inc. was driven by a definitive merger agreement with Bristol Myers Squibb, under which Bristol Myers Squibb will acquire all outstanding shares of 2seventy bio at a price of $5.00 per share in an all-cash transaction for a total equity value of approximately $286 million. This represents an 88% premium to the closing price of $2.66 on March 7, 2025. The acquisition is expected to be completed in the second quarter of 2025.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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2SEVENTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of 2seventy bio, Inc. - TSVT

Apr -16

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2seventy bio Reports Fourth Quarter and Full Year 2024 Financial Results

Mar -25

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2seventy bio, Inc. (TSVT) Upgraded to Buy: Here's Why

Mar -17

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$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of 2seventy bio, Inc. - TSVT

Mar -12

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Shareholder Alert: The Ademi Firm investigates whether 2seventy bio, Inc. is obtaining a Fair Price for its Public Shareholders

Mar -12

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TSVT Up on Acquisition Agreement With BMY for $286 Million

Mar -11

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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of 2seventy bio, Inc.

Mar -11

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Bristol Myers Squibb Scoops Up Its Blood Cancer Drug Partner 2seventy Bio In $286 Million Deal

Mar -11

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (14.00%)

6. Segments

Treatments for Cancer

Expected Growth: 14%

2seventy bio's cancer treatment growth is driven by increasing cancer prevalence, rising adoption of gene therapies, and strong clinical trial results. The company's innovative pipeline, strategic partnerships, and expanding manufacturing capabilities also contribute to its 14% growth. Additionally, growing demand for personalized medicine and increasing investment in oncology research further fuel the segment's growth.

7. Detailed Products

Abecma

Abecma is a B-cell maturation antigen (BCMA) directed CD3 T cell stimulator, approved for the treatment of adult patients with relapsed or refractory multiple myeloma.

Breyanzi

Breyanzi is a CD19-directed genetically modified autologous T cell immunotherapy, approved for the treatment of adult patients with relapsed or refractory large B-cell lymphoma.

Tecartus

Tecartus is a CD19-directed genetically modified autologous T cell immunotherapy, approved for the treatment of adult patients with relapsed or refractory B-cell acute lymphoblastic leukemia (B-ALL) and relapsed or refractory large B-cell lymphoma.

8. 2seventy bio, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for 2seventy bio, Inc. is moderate due to the presence of alternative biotechnology companies.

Bargaining Power Of Customers

The bargaining power of customers for 2seventy bio, Inc. is low due to the company's specialized products and services.

Bargaining Power Of Suppliers

The bargaining power of suppliers for 2seventy bio, Inc. is moderate due to the availability of multiple suppliers for raw materials and services.

Threat Of New Entrants

The threat of new entrants for 2seventy bio, Inc. is high due to the growing demand for biotechnology products and services.

Intensity Of Rivalry

The intensity of rivalry for 2seventy bio, Inc. is high due to the presence of established competitors in the biotechnology industry.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 50.13%
Debt Cost 3.95%
Equity Weight 49.87%
Equity Cost 13.25%
WACC 8.59%
Leverage 100.54%

11. Quality Control: 2seventy bio, Inc. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

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Seer

A-Score: 4.5/10

Value: 8.0

Growth: 4.2

Quality: 4.6

Yield: 0.0

Momentum: 6.5

Volatility: 3.7

1-Year Total Return ->

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2seventy bio

A-Score: 3.7/10

Value: 7.6

Growth: 4.4

Quality: 4.4

Yield: 0.0

Momentum: 5.0

Volatility: 0.7

1-Year Total Return ->

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OncoCyte

A-Score: 3.7/10

Value: 7.0

Growth: 6.0

Quality: 3.2

Yield: 0.0

Momentum: 4.0

Volatility: 1.7

1-Year Total Return ->

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Curis

A-Score: 3.6/10

Value: 9.2

Growth: 3.9

Quality: 6.0

Yield: 0.0

Momentum: 1.0

Volatility: 1.3

1-Year Total Return ->

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Vir Biotechnology

A-Score: 3.3/10

Value: 7.6

Growth: 3.6

Quality: 5.0

Yield: 0.0

Momentum: 2.0

Volatility: 1.7

1-Year Total Return ->

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Pliant Therapeutics

A-Score: 2.6/10

Value: 7.8

Growth: 3.2

Quality: 3.5

Yield: 0.0

Momentum: 0.0

Volatility: 1.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

5.0$

Current Price

5$

Potential

-0.00%

Expected Cash-Flows