flosz schreef op 17 maart 2015 14:09:
Kite Pharma buys Dutch gene therapy firm
Mar 17 2015, 08:28 ET | About: Kite Pharma (KITE) | By: Douglas W. House, SA News Editor
CAR-T cancer therapy firm Kite Pharma (NASDAQ:KITE) acquires privately-held Amsterdam-based T-Cell Factory B.V. (TCF) for $21M plus clinical, regulatory and sales milestones. The transaction strengthens Kite's platform in T Cell Receptor (TCR) gene therapy.TCF, renamed Kite Pharma EU, discovers and develops tumor-specific TCRs for broad application in cancer using its proprietary TCR-GENErator platform.Kite President & CEO Arie Belldegrun, M.D., says, "The acquisition of TCF and its novel discovery and development platform provides Kite with a strong position in TCR gene therapy for cancer. In addition, with our strategic plans for expanding clinical operations to ex-U.S. sites, Kite's relationship with the Netherlands Cancer Institute (NKI) provides an important operational platform and potential access to investigators, clinical sites and manufacturing facilities in Amsterdam."Kite is advancing a broad pipeline of TCR-based product candidates including NY-ESO-1 against various tumors, HPV-16 E6 antigens against cervical and head and neck cancers and certain MAGE antigens against various tumors.
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