Adaptimmune And Astellas Team Up For Off-The-Shelf T-Cell Therapies

Could Be Worth $900m

News of the deal emerged as the UK firm's shares skyrocketed after its SPEAR T-cell platform delivered responses in four solid tumor types.

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Data boost and Astellas Deal Revitalize Adaptimmune • Source: Shutterstock

Hours after Adaptimmune Therapeutics PLC saw its stock soar 200% following a positive presentation at the J.P. Morgan Healthcare Conference in San Francisco, the UK firm has inked a major deal with Astellas Pharma Inc. to develop up to three T-cell therapies.

The Japanese drugmaker's subsidiary Universal Cells Inc. will work with Adaptimmune to develop stem-cell derived allogeneic ‘off-the-shelf’ T-cell therapies...

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