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Gilead lands new cell therapy for Kite in $225M Arcellx deal

Thread starter cafead
Start date Dec 9, 2022

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cafead

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cafead Dec 09, 2022 at 11:02: AM

via Gilead Sciences has landed its Kite unit at Arcellx to work on a phase 2 multiple myeloma cell therapy in a deal worth $225 million upfront. The biotech will gain global scale as it gears up for a future showdown against an already approved med from healthcare behemoth Johnson & Johnson and its partner Legend Biotech.

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