Amendment No. 2 to Amended and Restated Master Collaboration Agreement by and between the Registrant and Celgene Corporation, dated September 28, 2017

EX-10.17 2 blue-ex1017_183.htm EX-10.17 blue-ex1017_183.htm

Execution Copy

 

Exhibit 10.17

Amendment No. 2 to

Amended and Restated Master Collaboration Agreement

 

 

This Amendment No. 2 to Amended and Restated Master Collaboration Agreement (this “Amendment No. 2”) is made as of September 28, 2017 (“Amendment No. 2 Effective Date”), by and between bluebird bio, Inc. (“Bluebird”), a Delaware corporation, and Celgene Corporation, a Delaware corporation (“Celgene Corp.”), and Celgene European Investment Company LLC (“Celgene Europe”), a Delaware limited liability company (Celgene Europe and Celgene Corp., together, “Celgene”). Each of Bluebird and Celgene may be referred to herein as a “Party” or together as the “Parties”. Reference is hereby made to that certain Amended and Restated Master Collaboration Agreement, by and between Bluebird, Celgene Corp. and Celgene Europe, dated June 3, 2015, as amended (the “Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings given to such terms in the Agreement.

 

AGREEMENT

 

NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for other good and valuable consideration, the amount and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:

 

1.The third sentence of Section 5.1 of the Agreement is hereby amended and restated to include the following at the end of the sentence:

 

“, provided further, in the case of Celgene’s exercise of such option with respect to the first Product Candidate after Celgene’s exercise of such option with respect to the Lead Product Candidate (“Second Product Candidate”), in lieu of providing the additional information set forth in Exhibit G otherwise required to be included in the Celgene Option Notice at the time of exercise, Celgene shall be permitted to (I) provide to Bluebird by December 31, 2017, the clinical Development plan that Celgene is contemplating to achieve Regulatory Approval for the Second Product Candidate, together with the cost estimates for such a clinical program, and (II) provide to Bluebird the additional information set forth on Exhibit G with respect to the Second Product Candidate at the earlier of (A) thirty (30) days following the completion of the Phase 1 Clinical Study of the Second Product Candidate, and (B) December 31, 2017.

 

 

2.This Amendment No. 2 is binding upon and shall inure to the benefit of the Parties and their respective successors and assigns. This Amendment No. 2 is the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous oral and written agreements and discussions. Except as expressly modified by

this Amendment No. 2, all terms and provisions of the Agreement remain in full force and effect. In the event of a conflict between the terms and provisions of this Amendment No. 2 and the Agreement, the terms and provisions of this Amendment No. 2 shall control. This Amendment No. 2 may be executed in any number of counterparts, each of which shall be deemed an

original, but all of which when taken together shall constitute one and the same instrument.

 

 


Execution Copy

 

IN WITNESS WHEREOF, the Parties have caused this Amendment No. 2 to Amended and Restated Master Collaboration Agreement to be executed by their respective duly authorized officers as of the Amendment No. 2 Effective Date.

 

BLUEBIRD BIO, INC.

 

By:__/s/ Jason F. Cole_________________

 

Name:__Jason F. Cole_________________

Title:___Chief Legal Officer____________

Date:___September 28, 2017___________

 

CELGENE CORPORATION

 

By:___/s/ Peter N. Kellogg ____________

 

Name:___Peter N. Kellogg_____________

Title:____Chief Financial Officer________

Date:____September 28, 2017___________

 

CELGENE EUROPEAN INVESTMENT COMPANY LLC (CEICO)

 

By:___/s/ Kevin Mello_________________

 

Name:__Kevin Mello__________________

Title:___Manager_____________________

Date:_____September 26, 2017__________