Blackstone commits $250m to back new CAR T-cell therapies

Blackstone Life Sciences is investing $250 million toward developing CAR T-cell therapies for immuno-oncology and autoimmune diseases, forming a new company structured to handle clinical-stage cell therapies along with Intellia Therapeutics and Germany's Cellex Cell Professionals GmBH.

Officials said the new company will combine GEMoaB’s clinical-stage universal CAR-T platforms with Intellia’s allogeneic cell platform and CRISPR cell engineering.

The headquarters for the new company will be in life sciences hub Cambridge, Massachusetts, where Continue Reading

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