Please login to the form below

Not currently logged in
Email:
Password:

Kite partners with Shoreline Biosciences to develop allogeneic cell therapies

The deal could be worth a total of up to $2.3bn, with Shoreline receiving an undisclosed upfront payment

Kite – a Gilead company – has entered into a strategic partnership with Shoreline Biosciences to develop novel allogeneic cell therapies across a range of cancer targets.

Shoreline will bring its expertise in induced pluripotent stem cells (iPSC) and genetic reprogramming to the partnership, while Kite will bring its expertise in cell therapy development, commercialisation and manufacturing.

Together, the companies will work to develop novel allogeneic candidates for use in haematologic malignancies.

“The combined strength of Kite’s leadership in CAR T-cell therapies and our cutting-edge iPSC platform will potentially accelerate Shoreline’s timeline to the clinic, expand our pipeline opportunities and deliver transformational treatment options for cancer,” said Kleanthis G. Xanthopoulos, co-founder, chairman and chief executive officer of Shoreline.

Initially, the collaboration will focus on chimeric antigen receptor (CAR) natural killer (NK) targets. Kite will also retain an option to expand the collaboration to include an iPSC CAR macrophage programme for an undisclosed target, to be agreed on after completion of the deal.

Shoreline will receive an undisclosed upfront payment and will also be eligible to receive additional payments that could make the deal worth over $2.3bn. In addition, Shoreline will receive royalties based on the achievement of certain development and commercial milestones.

“As the leader in cell therapy, we are focused on investing in and delivering the most promising opportunities to further optimise the therapeutic potential of cell therapy,” said Mert Aktar, vice president of corporate development and strategy at Kite.

“We are excited about the potential of Shoreline’s next-generation approach to allogeneic development, and how our collaboration can accelerate this research across different leukaemias and lymphomas,” he added.

Earlier this year, Kite signed a research collaboration agreement with Oxford BioTherapeutics (OBT) to develop novel targets in a range of oncology indications.

The collaboration will evaluate five novel targets for a number of haematologic and solid tumour indications, according to a press release.

The novel drug targets, already identified using OBT’s OGAP discovery platform, will be validated by the Oxford, UK-based oncology specialist as part of the Kite collaboration.

As part of the agreement, Kite and Gilead will obtain an exclusive right to develop and commercialise any therapies resulting from the collaboration based on the specified targets or antibodies.

Article by
Lucy Parsons

17th June 2021

From: Research

Share

Tags

COVID-19 Updates and Daily News

Featured jobs

PMHub

Add my company
Mednet Group

Communique Small consultancy of the year 2020. With diversity and inclusion at our core, Mednet Group consists of Attigo CIC...

Latest intelligence

Menopause-thumbnail.png
Breaking the silence: It’s time to talk about the menopause
Using findings from our latest opinion poll, Vicki Newlove outlines why the hidden landscape of menopause may finally be starting to change....
Committing time to making meaningful connections - top 5 tips
Read the second blog of the series looking at key barriers to effective patient engagement in pharma...
News:
Senior Analytics Specialist joins Research Partnership...