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BioWorld - Friday, July 31, 2026
Home » Topics » Drugs » CAR T

CAR T
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T cells

Anchors aweigh: Catamaran Bio sets sail with $42M to develop allogeneic CAR-NK cell therapies

Nov. 23, 2020
By Cormac Sheridan
When the first chimeric antigen receptor T-cell (CAR T) therapy, Kymriah (tisagenlecleucel), was approved in 2016 for treating B-cell acute lymphoblastic leukemia, its developer, Novartis AG, confined the initial rollout to just 20 treating centers. Its label carried a black box warning, because of the risk of life-threatening cytokine release syndrome, and Basel, Switzerland-based Novartis put in place a comprehensive risk evaluation and mitigation system to ensure its safe use. Catamaran Bio Inc., a Boston-based startup that has raised $42 million in seed and series A financing, is considering the administration of similarly engineered natural killer cells in walk-in clinics. “If the product is safe, it can be given as an out-patient treatment,” Chief Scientific Officer Vipin Suri told BioWorld. “As a field, this absolutely has to be our ambition.”
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Dollar sign in piggy bank

Gracell closes $100M series C round to advance CAR T-cell therapy candidates

Nov. 3, 2020
By Elise Mak
Gracell Biotechnologies Inc. has closed a $100 million series C financing round to advance its CAR T-cell therapy candidates, including autologous product candidate, GC-012F, and allogeneic product candidate, GC-027. Both candidates are in investigator-initiated phase I trials in China.
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Dollar sign in piggy bank

Gracell closes $100M series C round to advance CAR T-cell therapy candidates

Oct. 30, 2020
By Elise Mak
Gracell Biotechnologies Inc. has closed a $100 million series C financing round to advance its CAR T-cell therapy candidates, including autologous product candidate, GC-012F, and allogeneic product candidate, GC-027. Both candidates are in investigator-initiated phase I trials in China.
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Crispr posts solid early stage allogeneic CAR T data marred by a death in the study

Oct. 21, 2020
By Brian Orelli
Crispr Therapeutics AG's first stab at developing an allogeneic CAR T-cell therapy, CTX-110, looks promising, but the efficacy data were overshadowed by a death in the study.
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Yufan inks deal with Abound to develop antibodies directing CAR T cells against cancer targets

Oct. 6, 2020
By Elise Mak and Gina Lee
HONG KONG – Xi’an, China-based Yufan Biotechnologies Co. Ltd. has partnered with Pittsburgh-based Abound Bio Inc. to discover and develop antibodies directing CAR T cells against cancer targets.
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Yufan inks deal with Abound to develop antibodies directing CAR T cells against cancer targets

Oct. 5, 2020
By Gina Lee and Elise Mak
HONG KONG – Xi’an, China-based Yufan Biotechnologies Co. Ltd. has partnered with Pittsburgh-based Abound Bio Inc. to discover and develop antibodies directing CAR T cells against cancer targets.
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Death stalker scorpion
Newco news

Australia’s Chimeric Therapeutics in-licenses scorpion-derived CAR T from City of Hope

Sep. 29, 2020
By Tamra Sami
PERTH, Australia – Chimeric Therapeutics Ltd. has acquired exclusive worldwide rights to develop and commercialize the City of Hope Cancer Center’s chlorotoxin chimeric antigen receptor cell therapy.
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Death stalker scorpion
Newco news

Australia’s Chimeric Therapeutics in-licenses scorpion-derived CAR T from City of Hope

Sep. 23, 2020
By Tamra Sami
PERTH, Australia – Sydney-based Chimeric Therapeutics Ltd. has acquired exclusive worldwide rights to develop and commercialize the City of Hope Cancer Center’s chlorotoxin chimeric antigen receptor cell therapy that uses a peptide derived from scorpion toxin to direct T cells to target glioblastoma.
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Fosun Kite secures $20M to accelerate first CAR T therapy launch in China

July 14, 2020
By Elise Mak
Fosun Kite Biotechnology Co. Ltd. secured another $20 million investment from Shanghai Fosun Pharmaceutical (Group) Co. Ltd. and Kite Pharma Inc., which each contributed $10 million.
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IPO puzzle pieces

Nkarta’s killer (cell) IPO bags $252M, trades high as Poseida proves seaworthy, too

July 10, 2020
By Randy Osborne
Two California companies – Nkarta Inc. and Poseida Therapeutics Inc. – scored impressive IPOs but with decidedly different post-pricing performance, as Wall Street showed its enthusiasm for the former’s natural killer (NK) cell research by pushing shares (NASDAQ:NKTX) up 166%, to close July 10 at $47.90, an increase of $29.90.
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