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Comprises the purchase of shares for $25 million and an additional $25 million one-time payment for certain strategic rights.
August 8, 2023
By: Anthony Vecchione
Poseida Therapeutics, Inc., a clinical-stage cell and gene therapy company advancing a new class of treatments for cancer and rare diseases, reported a $50 million strategic investment by Astellas Pharma US, Inc. The investment is comprised of the purchase of shares of common stock for $25 million and an additional $25 million one-time payment for certain strategic rights. Mark Gergen, Poseida’s CEO said, “We are excited to announce a strategic investment by Astellas, a premier global p...
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