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Bluebird Bio Ends Sublease Agreement with Meta and Aventis

Story Highlights
  • Bluebird Bio, a biotech firm, focuses on gene therapies for genetic disorders.
  • On February 13, 2025, Bluebird Bio ended its office sublease, affecting Meta’s lease arrangement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bluebird Bio Ends Sublease Agreement with Meta and Aventis

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Bluebird Bio ( (BLUE) ) just unveiled an update.

On February 13, 2025, Bluebird Bio and its partners, Aventis Inc. and Meta Platforms, agreed to terminate Bluebird Bio’s sublease and Meta’s sub-sublease of office space in Cambridge, Massachusetts. Following this termination, Meta will sublease the space directly from Aventis, while Bluebird Bio, which does not occupy the space, has no further involvement.

More about Bluebird Bio

Bluebird Bio, Inc. is a biotechnology company that specializes in the development of gene therapies for severe genetic disorders and cancer. The company’s focus is on transforming the lives of patients by pioneering innovative treatments.

YTD Price Performance: -16.57%

Average Trading Volume: 393,821

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $69.22M

Learn more about BLUE stock on TipRanks’ Stock Analysis page.

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