Related Party Transactions

12 Months Ended

Nov. 30, 2020

Related Party Transactions [Abstract]

Related Party Transactions

13. Related Party Transactions

As of November 30, 2020 and 2019, post-acquisition of Celgene, BMS owned 1,622,222 shares of the Company’s common stock and 1,622,222 shares of the Company’s Series C redeemable convertible preferred stock, respectively. For the years ended November 30, 2020 and 2019, the Company recorded collaboration revenue under the Celgene Agreement of $0 and $28.4 million, respectively. As of November 30, 2020 and 2019, deferred revenue related to the Celgene Agreement was $0. In June 2019, the Celgene Agreement was terminated in its entirety with no further payments from Celgene and no remaining deliverables from the Company. See Note 3, “Collaboration agreements—Celgene (a related party)” for a discussion of the Celgene Agreement.