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Gains portfolio of CAR T and TCR cell therapy candidates and manufacturing capabilities
September 1, 2017
By: Kristin Brooks
Managing Editor, Contract Pharma
Gilead Sciences has entered an agreement to acquire Kite Pharma, a cell therapy company headquartered in Santa Monica, CA, for approximately $11.9 billion. The transaction, subject to customary closing conditions, is expected to close 4Q17. Kite Pharma specializes in cell therapies, which use a patient’s own immune cells to fight cancer. The company has developed engineered cell therapies that express either a chimeric antigen receptor (CAR) or an engineered T cell receptor (TCR). The ...
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