Kite Signs a License Agreement with Appia to Develop Allogeneic Cell Therapies for the Treatment of Cancer

Shots:

  • Appia Bio to receive $875M as an up front, equity investment, and milestone along with royalties. Kite will be responsible for the development, manufacturing, and commercialization of the product identified through the collaboration
  • The collaboration will utilize Kite’s chimeric Ag receptors and Appia Bio’s allogeneic cell technology platform to develop off-the-shelf cell therapies
  • Appia Bio will lead preclinical and early clinical research of two HSC-derived CAR-iNKT products with CARs provided by Kite

Click here to­ read full press release/ article | Ref: Businesswire | Image: Businesswire

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