Pharma Deals Review, Vol 2016, No 3 (2016)

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Baxter’s Foray Into CAR-T Cell Therapy With a Deal Worth US$ 1.7 B

Taskin Ahmed & Rohit Khera

Abstract


In its second deal in two months to bolster its immuno-oncology prospects, Baxalta has entered into a collaboration with Precision BioSciences to utilize the latter’s proprietary ARCUS genome editing technology to develop an allogeneic chimeric antigen receptor-T cell (CAR T) therapeutic pipeline directed towards areas of unmet need in multiple cancers. The two companies will develop CAR-T therapies for up to six targets, the first of which is expected to enter clinical development in late 2017.

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