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Beam Therapeutics (NASDAQ: BEAM) adds standby license on key patents

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Beam Therapeutics Inc. entered into a standby license agreement with Kobe University and Bio Palette Co., Ltd. to protect its access to certain licensed patents if the existing Kobe-Bio Palette License ends. If that license terminates under specified conditions, Kobe will grant Beam an exclusive license to practice the same patents and scope it currently accesses through Bio Palette. After the termination becomes effective, Beam will make payments to Kobe in amounts that would otherwise become payable to Bio Palette under the existing Bio Palette-Beam License. This structure is designed to ensure continuity of Beam’s patent rights around its licensed technology.

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Insights

Beam locks in a direct backup license path to core patents.

Beam Therapeutics has negotiated a standby license with Kobe University and Bio Palette, giving it a direct exclusive license to key patents if the upstream Kobe-Bio Palette License ends under most scenarios. This reduces reliance on Bio Palette as an intermediary.

The agreement excludes situations where termination stems from Beam’s own material breach, or where a replacement license already provides a similar standby right. Financially, Beam’s obligations to Kobe mirror amounts otherwise payable to Bio Palette, keeping economics aligned. Future disclosures in company filings may provide more detail on how extensively Beam uses these patents.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 09, 2026

 

 

Beam Therapeutics Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-39208

81-5238376

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

238 Main Street

 

Cambridge, Massachusetts

 

02142

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 857 327-8775

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.01 per share

 

BEAM

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 1.01 Entry into a Material Definitive Agreement.

As previously reported, Beam Therapeutics Inc. (the “Company”) and Bio Palette Co., Ltd. (“Bio Palette”) are parties to a License Agreement dated March 27, 2019 (the “Bio Palette-Beam License”), pursuant to which the Company has sublicensed from Bio Palette certain patents (the “Patents”) that Bio Palette licensed directly from Kobe University (“Kobe”) under a License Agreement dated May 9, 2017 (the “Kobe-Bio Palette License”). To ensure the Company has a continued license to the Patents in the event of a termination of the Kobe-Bio Palette License, on February 9, 2026, the Company entered into a standby license agreement (the “Standby License Agreement”) with Kobe and Bio Palette. Under the terms of the Standby License Agreement, if the Kobe-Bio Palette License terminates for any reason other than (i) a termination by Kobe due to Bio Palette’s default of the Kobe-Bio Palette License, which default by Bio Palette is a result of the Company’s material breach of the Bio Palette-Beam License, or (ii) a termination after the execution of a new license agreement for the Patents in connection with a change of control transaction involving Bio Palette, which new license agreement includes a standby license in favor of the Company of the same scope set forth in the Standby License Agreement, Kobe grants, as of the effective time of such termination (the “Effective Time”), directly to the Company, an exclusive (even as to Kobe and its affiliates) license to practice the Patents of the same scope as the license granted to the Company pursuant to the Bio Palette-Beam License (the “Beam Standby License”). As financial consideration for the Beam Standby License, after the Effective Time the Company will pay Kobe amounts that subsequently become payable by the Company to Bio Palette pursuant to Section 4.4 of the Bio Palette-Beam License. The foregoing description of the Standby License Agreement is qualified in its entirety by reference to a copy of the Standby License Agreement, which is attached as Exhibit 10.1 hereto and incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit No.

 

Description

 

 

 

10.1#

 

Standby License Agreement between Beam Therapeutics Inc., Kobe University and Bio Palette Co., Ltd., dated February 9, 2026

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

# Portions of this exhibit have been omitted because the Company has determined they are not material and are the type that the Company treats as private or confidential.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Beam Therapeutics Inc.

 

 

 

 

Date:

February 12, 2026

By:

/s/ John Evans

 

 

 

John Evans
Chief Executive Officer

 


FAQ

What did Beam Therapeutics (BEAM) announce in this 8-K filing?

Beam Therapeutics reported a new standby license agreement with Kobe University and Bio Palette. This agreement grants Beam a direct exclusive license to certain patents if the existing Kobe-Bio Palette License ends, helping secure continued access to important licensed technology.

How does the new standby license protect Beam Therapeutics’ patent access?

The standby license lets Kobe University grant Beam an exclusive patent license if the Kobe-Bio Palette License terminates under most conditions. This ensures Beam can keep practicing the same patents it currently accesses through Bio Palette, reducing the risk of losing critical intellectual property rights.

When does the Beam Therapeutics standby license with Kobe University take effect?

The standby license becomes effective at the time the Kobe-Bio Palette License terminates, called the Effective Time. Only certain termination scenarios qualify, excluding cases tied to Beam’s own material breach or where a new license already includes an equivalent standby right for Beam.

What financial obligations does Beam Therapeutics have under the standby license?

After the Effective Time, Beam will pay Kobe University amounts that become payable under Section 4.4 of the existing Bio Palette-Beam License. Essentially, payment streams that would have gone to Bio Palette for these patents instead flow directly to Kobe once the standby license activates.

Who are the parties involved in Beam Therapeutics’ new standby license agreement?

The standby license agreement involves three parties: Beam Therapeutics Inc., Kobe University, and Bio Palette Co., Ltd. Kobe originally licensed the patents to Bio Palette, and Beam sublicenses them from Bio Palette under a separate agreement dated March 27, 2019.

Under what situations will Beam not receive the standby license from Kobe University?

Beam will not receive the standby license if Kobe terminates the Kobe-Bio Palette License due to Bio Palette’s default that results from Beam’s material breach, or if termination follows a new patent license that already includes a standby license for Beam on the same scope.

Filing Exhibits & Attachments

2 documents