Allogene blueprints a new manufacturing complex for next-gen CAR-T; Inovio spins out neoantigen upstart with $10.5M A round
→ David Chang and Arie Belldegrun are back in the business of building manufacturing facilities. Their startup Allogene $ALLO has inked a deal to build a state-of-the-art cell therapy manufacturing site in Newark, CA. That may sound a bit mundane in the world of drug development, but it’s critical to the company’s longterm success — as the two founders learned starting Kite.
One of the best funded biotech startups in the class of 2018, Allogene is adding a 118,000-square-foot facility at the Gateway 84 Silicon Valley advanced manufacturing campus. The company also plans to continue using a CMO for added production of their off-the-shelf CAR-Ts, which they believe is on track to supplant the two pioneering personalized CAR-Ts on the market.
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